-generational discounting. It is shown that the pure time preference rate is irrelevant for inter-generational comparisons. However, the … maximisation. Opportunity costs should be taken into account not by discounting with their internal rate of return, but by … time preference approach. These considerations lead us to the formulation of a new discounting technique, "Generation …

paper offers an overview and comparison of both concepts. The consumption-based theory of discount rates is common to both … consumption-based theory. Project risk has tended to be ignored under the SDR approach …

forecasted energy prices. Using Danish guidelines as a case study, we explore the discounting assumptions in these input prices …