Foltyn-Zarychta, Monika - In: Business and Economic Horizons (BEH) 10 (2014) 1, pp. 10-17
Appraising projects with intergenerational effects is a complex task, incorporating the issue of bringing future impacts to present value. This is usually achieved by applying the discount factor. However, the choice of discount rate to intergenerational context faces multiple technical and...