Estimating Individual Discount Rates in Denmark: A Field Experiment

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Estimating Individual Discount Rates in Denmark: A Field Experiment

Discount rates are often used in cost-benefit analysis. Whenever costs and benefits for a household or individual are spread over time, it is essential that one calculate present-value equivalents in order to undertake meaningful comparisons. In most cases welfare analysts use market rates as the basis for these present-value calculations. Sensitivity analysis often consists of varying the scal...

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Estimating Individual Discount Rates With Field Experiments

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ژورنال

عنوان ژورنال: American Economic Review

سال: 2002

ISSN: 0002-8282

DOI: 10.1257/000282802762024674