Results 211 to 220 of about 43,889 (263)

Eliciting Individual Discount Rates

Experimental Economics, 1999
AbstractControlled laboratory conditions using monetary incentives have been utilized in previous studies that examine individual discount rates, and researchers have found several apparently robust anomalies. We conjecture that subject behavior in these experiments may be affected by (uncontrolled) factors other than discount rates.
Coller, Maribeth, Williams, Melonie B.
openaire   +2 more sources

A 3.8% discount rate? [PDF]

, 2009
We find that a discount rate of 3.8% allows us to derive the schedule of value of life years in Murphy and Topel [2006] from their schedule of value of remaining years of life, this latter presumably being based on a value of statistical life of $6.3 million. We draw on the Makeham function for life expectancy in our calculation.
openaire   +1 more source

Aggregate Social Discount Rate Derived from Individual Discount Rates

Management Science, 2002
In the economic evaluation of large public-sector projects, an aggregate social discount rate may be used in present worth comparison of alternatives. This paper uses the assumptions that individual discount rates are constant over time and approximately Normally distributed across the affected population, with mean μ and variance σ2, to derive an ...
openaire   +1 more source

The Discount Rate

2017
The most important price in any CBA in the public domain is invariably the discount rate that is used. For in virtually any CBA in the public sphere, the costs and benefits involved do not usually accrue instantaneously at the point in time at which a particular project in question is carried out. They are usually spread over many years.
openaire   +1 more source

Determinants of discount rates, capitalisation rates and growth rates

Journal of Property Investment & Finance
PurposeThis paper analyses the determinants of key inputs for the explicit discounted cash flow (DCF) or the implicit capitalisation models, namely the discount rates and the capitalisation rates. We also study the factors affecting the implied growth rate of the net operating income (NOI).Design/methodology/approachWe make use of a rich database for ...
Martin Hoesli, Alona Shmygel
openaire   +1 more source

Discounting the Discount Rate: Ecocentrism and Environmental Economics

Global Environmental Politics, 2006
As a tool for making decisions about long-term environmental policy, environmental economics does not work on its own terms. It works well as a tool for analyzing environmental policy given clear, exogenously defined costs and benefits. As such, environmental economics can work well as a tool for analyzing policy in the short term.
openaire   +1 more source

CAPITAL RATIONING AND EXTERNAL DISCOUNT RATES*

The Journal of Finance, 1970
THIS PAPER ARGUES that external discount rates are important to a firm operating under capital rationing. This position conflicts with the views expressed by other authors writing in the area, all of whom have rejected external discount rates (see Hirshleifer (6), Baumol and Quandt (1), Charnes, Cooper and Miller (3), Klevorick (9), and Weingartner (12)
openaire   +1 more source

Discount Rates

2021
Marc C. Hübscher, Björn Heidecke
openaire   +1 more source

Choice of the discount rate

2003
It needs to be explained that there are two discount rates. The first is discount rate for investment (or goods). This is a concept that measures the relative price of goods at different points of time. This is also called the real return on capital, the real return and the opportunity cost of capital.
openaire   +1 more source

Retail price discount depth and perceived quality uncertainty

Journal of Retailing, 2022
Hai Che, Zhe Zhang
exaly