Following the seminal work by Bullard and Sebald [Effects of Parametric Uncertainty and Technological Change on In put-Out put Models, Rev. of Ec. And Stat., vol. 59,75-81], in this paper we present an innovative approach to sensitivity analysis in Input-Out put model. In particular, we propose...

The choice of an appropriate social rate of discount is critical in the decision-making process on public investments. In this paper we review concisely the literature on social discounting and refer explicitly to a recently growing field of related research, that is, individual time preference....