Showing 1 - 10 of 283
values; and e) time preference (discounting) vs. time neutrality. …
Persistent link: https://www.econbiz.de/10005754299
values; and e) time preference (discounting) vs. time neutrality. …
Persistent link: https://www.econbiz.de/10008563689
Discounting is a problem because of the striking discrepancy between, on the one hand, its impact on the results of … rational and moral justification. Starting from the diagnosis that the controversy about discounting suffers from considerable … intransparency, the paper makes an attempt to structure the debate by distinguishing four main types of discounting and by assessing …
Persistent link: https://www.econbiz.de/10005754331
This paper examines the well-known tension between discounting and sustainability in the long-term management of …, discounting procedures are useful in characterising decision-makers' preferences concerning tradeoffs between costs and benefits … discounting favours the uncompensated depletion of resource stocks. …
Persistent link: https://www.econbiz.de/10005754358
Discounting is still a highly contested element of costâbenefit analysis. From an epistemological point of view, three …, discounting turns out to be a hypothesis that has to be justified empirically. This approach requires a method for a direct … (utility-)evaluation of future cash-flows in order to prove that discounting correctly represents changes of utility-values in …
Persistent link: https://www.econbiz.de/10005754362
The discussion on discounting has reached a more refined stage by now so that some earlier objections made by ethicists … intertemporal discounting. It is legitimate to discount future events if and only if there is a well-founded expectation that these …
Persistent link: https://www.econbiz.de/10005754395
This paper touches on some crucial ethical topics that are embedded in the economic technique of discounting. It is … perspective from which the economic practice of discounting might be judged appropriately. Some distinctions are drawn, and some … for modifications, weighings and adjustments of discounting are mentioned. Finally, an argument why discounting should be …
Persistent link: https://www.econbiz.de/10005754399
Diminishing marginal utility is a potentially reasonable basis for discounting increasing future consumption per head …
Persistent link: https://www.econbiz.de/10005754400
Discounting is a problem because of the striking discrepancy between, on the one hand, its impact on the results of … rational and moral justification. Starting from the diagnosis that the controversy about discounting suffers from considerable … intransparency, the paper makes an attempt to structure the debate by distinguishing four main types of discounting and by assessing …
Persistent link: https://www.econbiz.de/10008563744
This paper examines the well-known tension between discounting and sustainability in the long-term management of …, discounting procedures are useful in characterising decision-makers' preferences concerning tradeoffs between costs and benefits … discounting favours the uncompensated depletion of resource stocks. …
Persistent link: https://www.econbiz.de/10008563784