Should Governments Use a Declining Discount Rate in Project Analysis?
نویسندگان
چکیده
منابع مشابه
Declining Discount Rates Maureen
In this paper we ask whether the US government should replace its current discounting practices with a declining discount rate schedule, as the UK and France have done, or should continue to discount the future at a constant exponential rate. To address the question, we briefly present the theoretical basis for a declining discount rate (DDR) schedule, but focus on how, in practice, a DDR could...
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ژورنال
عنوان ژورنال: Review of Environmental Economics and Policy
سال: 2014
ISSN: 1750-6816,1750-6824
DOI: 10.1093/reep/reu008