๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Why economists discount future benefits

โœ Scribed by Kenneth S Lyon

Book ID
116123153
Publisher
Elsevier Science
Year
1996
Tongue
English
Weight
984 KB
Volume
92
Category
Article
ISSN
0304-3800

No coin nor oath required. For personal study only.

๐Ÿ“œ SIMILAR VOLUMES

Discounting future health benefits: the
Discounting future health benefits: the poverty of consistency arguments
โœ Erik Nord ๐Ÿ“‚ Article ๐Ÿ“… 2010 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 116 KB

In economic evaluation of health care, main stream practice is to discount benefits at the same rate as costs. But main papers in which this practice is advocated have missed a distinction between two quite different evaluation problems: (1) How much does the time of program occurrence matter for va

Cumulative Benefit Games: Achieving Coop
Cumulative Benefit Games: Achieving Cooperation when Players Discount the Future
โœ DAVID W STEPHENS ๐Ÿ“‚ Article ๐Ÿ“… 2000 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 221 KB

Experimental studies with captive animals show strong preferences for immediate reward. Several authors have argued that these tendencies to discount delayed reward may severely limit the Iterated Prisoner's Dilemma game as a model of animal cooperation. This paper explores a simple mechanism, dubbe

Why Does the Spot-Forward Discount Fail
Why Does the Spot-Forward Discount Fail to Predict Changes in Future Spot Rates?
โœ Charles A.E. Goodhart; Patrick C. McMahon; Yerima L. Ngama ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 131 KB

We use the Phillips and Hansen (1990) modified procedure to estimate the cointegrating vector between F t , the forward exchange rate, and S t1 , the appropriate spot rate. We find that the coefficient b, from the equation, S t1 a bF t e t1 to be very close to, but significantly different from, 1 (a