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Author:Hepburn, C.
Groom, B.
Title:Gamma discounting and expected net future value
Journal:Journal of Environmental Economics and Management
2007 : JAN, VOL. 53.1, p. 99-109
Index terms:discount rate
risk
uncertainty
Language:eng
Abstract:This article discusses the long-term future and discount rates. The authors encompass the models of Gollier and Weitzman. Gollier proves that as the evaluation date moves further into the future, the discount rate at a given point in time vill increase. Nevertheless, given a paticular evaluation date, the schedule of discount rates is declining.
SCIMA record nr: 263453
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