by Christian Gollier (Author)
Provides a simple framework to organize the debate on what we should do for the future. This title outlines the basic theory of the discount rate and the various arguments that favor using a smaller discount rate for more distant cash flows. It offers a suitable framework for dynamic problems and decision making.
Format: Illustrated
Pages: 248
Edition: Illustrated
Publisher: Princeton University Press
Published: 11 Nov 2012
ISBN 10: 0691148767
ISBN 13: 9780691148762