Economics and the Future: Time and Discounting in Private and Public Decision Making
Material type: TextPublication details: Cheltenham : Edward Elgar Pub 2008Description: xiii, 182 pISBN: 9781848444522 ; 1848444524Subject(s): Cost effectiveness | Decision makingDDC classification: 658.1552Item type | Current library | Collection | Call number | Status | Date due | Barcode | Item holds |
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Reference Books | Main Library Reference | Reference | 658.1552 ECO (Browse shelf(Opens below)) | Available | 013237 |
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658.1552 Cost Management: Strategies for Business Decisions | 658.1552 COS Cost management : a strategic emphasis | 658.1552 DOY The art and science of financial management. | 658.1552 ECO Economics and the Future: Time and Discounting in Private and Public Decision Making | 658.15521724 GUI Guide to practical project appraisal : social benefit-cost analysis in developing countries. | 658.1554 CAM Cost-benefit analysis : | 658.1554 MIS Cost-benefit analysis / |
Contents: Preface1. Time and Discounting in Economic Decision Making David J. Pannell and Steven G.M. Schilizzi2. Investigating Net Benefits from Alternative Uses of ResourcesBill Malcolm3. Avoiding Simplistic Assumptions in Discounting Cash Flows for Private DecisionsDavid J. Pannell 4. Compounding and Discounting Under Risk: Net Present Values and Real Option ValuesGreg Hertzler5. Risk, Discounting and the Public SectorJohn Quiggin 6. Reconsidering Reconsidered: Why Sustainable Discounting Need Not be Inconsistent Over Time John C.V. Pezzey7. Discounting the Distant Future Using Short Time Horizons: Investments with Irreversible BenefitsSteven G.M. Schilizzi8. Discounting Future Prospects, and the Quest for SustainabilityAlan Randall9. How Should We Discount the Future? An Environmental Perspective Michael D. Young and Darla Hatton MacDonald10. Discounting the FutureCedric Philibert11. Discounting the Distant Future: Why So Many Voices and So Little Consensus?Steven G.M. Schilizzi12. Time Will Tell: Pending Questions on DiscountingSteven G.M. Schilizzi and David J. PannellIndex
Argues that discounting is a perennial problem for economists; it is an essential component of assessing economic comparisons over time, but a number of practical and theoretical difficulties confront its use. This book tackles the discounting issue from a number of angles
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