Abolghasem Tohidinia

[ 1 ] - Calibration of Fair Social Discount Rate in Utilizing Iran Oil Resources: An Islamic View Point

There is a long tradition in economics about the question of whether intergenerational discounting is fair or not. Ramsey (1928) was the first economist that criticized the discounting and mentioned that the just rate of discounting is zero.  In this paper it was tried to calculate the just rate of discounting for Iran with respect to Islamic thoughts. According to Islam, intergenerational just...