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Economics and the Future Time and Discounting in Private and Public Decision Making

Edited By: David Pannell and Steven Schilizzi
200 pages
Publisher: Edward Elgar
Economics and the Future
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  • Economics and the Future ISBN: 9781843767558 Hardback Jun 2006 Not in stock: Usually dispatched within 1-2 weeks
    £89.99
    #164143
Price: £89.99
About this book Customer reviews Related titles

About this book

This book argues that discounting is a perennial problem for economists; it is an essential component of assessing economic comparisons over time, but a number of practical and theoretical difficulties continue to confront its use. This is especially so for economists concerned with long time horizons, such as the management of the environment and natural resources. Discounting is perhaps the area of economics that generates the most disquiet and confusion from outside the discipline.

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Edited By: David Pannell and Steven Schilizzi
200 pages
Publisher: Edward Elgar
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