Showing 1 - 10 of 401
inefficient policy prescriptions and, furthermore, has the particularly undesirable consequence of incorrectly discounting future …
Persistent link: https://www.econbiz.de/10012602352
Persistent link: https://www.econbiz.de/10014636106
Classical forest economics posits an optimal sequence of constant rotations. Projected variation of discount rate changes optimal rotation through time, as does projected relative price change for multiple products. These factors greatly increase the difficulty of calculating NPV of...
Persistent link: https://www.econbiz.de/10011200823
Persistent link: https://www.econbiz.de/10010518706
Persistent link: https://www.econbiz.de/10011304921
Persistent link: https://www.econbiz.de/10010527047
Persistent link: https://www.econbiz.de/10010225877
, effectively defeating the tyranny of discounting. A back-of-the-envelope calibration suggests that this last result is realistic …
Persistent link: https://www.econbiz.de/10010227375
Persistent link: https://www.econbiz.de/10010242957
Persistent link: https://www.econbiz.de/10010196008