TY  - BOOK
AU  - Pannell, David.J. ;
AU  - Schilizzi, Steven.G.M.
TI  - Economics and the Future: Time and Discounting in Private and Public Decision Making
SN  - 9781848444522 
U1  - 658.1552 
PY  - 2008///
CY  - Cheltenham
PB  - Edward Elgar Pub
KW  - Cost effectiveness.
KW  - Decision making
N1  - 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
N2  - 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
ER  -