000			01895nam a2200193 a 4500
020			_a9781848444522
020			_a1848444524
082			_a658.1552 _bECO
245			_aEconomics and the Future: Time and Discounting in Private and Public Decision Making
260			_aCheltenham : _bEdward Elgar Pub _c2008.
300			_axiii, 182 p.
505			_aContents: 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
520			_aArgues 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
650			_aCost effectiveness.
650			_aDecision making.
700			_aPannell, David.J. ;
700			_aSchilizzi, Steven.G.M.
942			_cREF
999			_c12593 _d12593