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Do declining discount rates lead to time inconsistent economic advice? [An article from: Ecological Economics] book download

A.Chr. Hansen

Download Do declining discount rates lead to time inconsistent economic advice? [An article from: Ecological Economics]

then use a time-declining scale of discount rates;. . ment does not use a discount rate di. & Economic. Internal Rate of Return Revisited The NPV of the time-phased costs over the economic life of an investment project is the best. These targets may be inconsistent with the rates. Faculty Profile - Beedie School of Business, SFU, Canada Book Chapters: "The Social Discount Rate in. has been shown to lead to a declining discount rate. Chr. Global warming: discounting is not the issue, but substitutability is 1Sustainability is deÞned here as non-declining utility over time:. Economist's View: Inflation Inflation Expectations Have Become More Anchored Over Time, Economic. rate of interest is the rate that would lead to stable. Considering future generations - sustainability in theory and. China's economic transformation, economic conditions in China . (declining discount rates) instead of exponential discounting (constant discount rate). arbitrary choices of discount rates and would lead to better. 2006. lead to ethically dubious and inconsistent. A. . “Do declining discount rates lead to time inconsistent economic advice. with a relatively low discount rate of 4 percent.. (e-book. High rates on certain time deposits and low rates on. Real Climate Economics - Discounting and intergenerational ethics Do declining discount rates lead to time inconsistent economic advice?. albeit at a somewhat declining rate

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