Economics and the future: time and discounting in private and public decision making/

Economics and the future: time and discounting in private and public decision making/ David J. Pannell and Steven G. M. Schilizzi, editors - Cheltenham, UK : Edward Elgar Publishing, c2006 - xiii, 182 p. : ill. ; 24 cm.

Includes bibliographical references and index

Time and discounting in economic decision making / David J. Pannell and Steven G.M. Schilizzi -- Investigating net benefits from alternative uses of resources / Bill Malcolm-- Avoiding simplistic assumptions in discounting cash flows for private decisions / David J. Pannell -- Compounding and discounting under risk : net present values and real option values / Greg Hertzler -- Risk, discounting and the public sector / John Quiggin -- Reconsidering reconsidered : why sustainable discounting need not be inconsistent over time / John C.V. Pezzey -- Discounting the distant future using short time horizons : investments with irreversible benefits / Steven G.M. Schilizzi -- Discounting future prospects, and the quest for sustainability / Alan Randall -- How should we discount the future? An environmental perspective / Michael D. Young and Darla Hatton MacDonalds -- Discounting the future / Cédric Philibert

9781848444522


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