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Optimal Rotation under Continually – or Continuously – Declining Discount Rate
It has been argued from a number of perspectives that the discount rate might decline with increasing period of discounting. With a stepped profile of decline, financially optimal rotations are quite likely to occur at a few discrete ages. For any form of declining discount rate, successor rotations will lengthen, and this will affect the optimal ...openaire +1 more source
Implications of Declining Discount Rates for UK Climate Change Policy
2006Ben Groom +2 more
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The Case for Declining Long-Term Discount Rates in the Evaluation of Flood-Defence Investments
2008openaire +1 more source