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Economics and the future : time and discounting in private and public decision making / edited by David J. Pannell and Steven G.M. Schilizzi

Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Edward Elgar E-Book ArchivePublisher: Cheltenham [England] : Edward Elgar Pub, 2006Description: 1 Online-Ressource (xiii, 182 p) : ill. (some col.)ISBN:
  • 9781781007488
Subject(s): Genre/Form: Additional physical formats: 9781848444522 (pbk.) | 1843767554 | 9781843767558 (hardback) | Erscheint auch als: 9781843767558 (hardback) Druck-Ausgabe | Erscheint auch als: Economics and the future. Druck-Ausgabe. Cheltenham [u.a.] : Elgar, 2006. XIII, 182 S.DDC classification:
  • 658.15/52 22
RVK: RVK: QC 020LOC classification:
  • HD47.4
DOI: DOI: 10.4337/9781781007488Online resources: Summary: Economics and the Future tackles the discounting issue from a number of angles, ranging from relatively short-term private financial decisions, to very long-term public issues spanning generations. The authors present differing perspectives and original ideas in a style that remains accessible while addressing some of the more difficult questions about discounting in theory and practice. It reveals that the economic issues regarding time are embedded in a broader social, ethical and philosophical contextSummary: 1. Time and discounting in economic decision making / David J. Pannell and Steven G.M. Schilizzi -- 2. Investigating net benefits from alternative uses of resources / Bill Malcolm -- 3. Avoiding simplistic assumptions in discounting cash flows for private decisions / David J. Pannell -- 4. Compounding and discounting under risk : net present values and real option values / Greg Hertzler -- 5. Risk, discounting and the public sector / John Quiggin -- 6. Reconsidering reconsidered : why sustainable discounting need not be inconsistent over time / John C.V. Pezzey -- 7. Discounting the distant future using short time horizons : investments with irreversible benefits / Steven G.M. Schilizzi -- 8. Discounting future prospects, and the quest for sustainability / Alan Randall -- 9. How should we discount the future? : an environmental perspective / Michael D. Young and Darla Hatton MacDonald -- 10. Discounting the future / Cédric Philibert -- 11. Discounting the distant future : why so many voices and so little consensus? / Steven G.M. Schilizzi -- 12. Time will tell : pending questions on discounting / Steven G.M. Schilizzi and David J. PannellPPN: PPN: 1023441144Package identifier: Produktsigel: ZDB-1-EWE
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