Zero time preference with discounting
β Scribed by P. Buckholtz; J. Hartwick
- Book ID
- 116100748
- Publisher
- Elsevier Science
- Year
- 1989
- Tongue
- English
- Weight
- 370 KB
- Volume
- 29
- Category
- Article
- ISSN
- 0165-1765
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
If elicited time preferences are to be incorporated into economic evaluations, not only social but also individual preferences may be included. The view of this paper is that social intertemporal preferences should govern social intertemporal choices when prioritising between the saving of lives now
The assumption of positive time preference is seldom challenged in analyses of intertemporal choices, despite considerable evidence of zero and negative discount rates. In this study, the majority of respondents have positive discount rates, but a substantial number have negative or zero discount ra