Trannoy, Alain; Karcher, Thierry - In: Économie et Prévision 138 (1999) 2, pp. 147-162
[eng] Temporal Dominance Criteria by Thierry Karcher and Alain Trannoy . A discounting operation is required to treat the inequaUty of wage and income careers over the life cycle. A single discount rate is often chosen more out of doctrine than a reaUstic view of the markets. In many cases, it...