Schubert, Katheline - In: Recherches économiques de Louvain 72 (2006) 2, pp. 157-175
<marquage typemarq="gras"/> The choice of a discount rate is central in project evaluation, all the more since the project?s horizon is distant. The controversy about the appropriate discount rate has been given a new life about environmental projects, characterized by very remote costs and/or benefits, reduced to a...