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Rational Discounting for Regulatory Analysis

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NBER2006-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12294
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资源简介:
This article examines the economic basis for what is termed "rational discounting," which entails full recognition of policy effects over time and exponential discounting at a riskless rate of return. Policies often cannot be ranked unambiguously in terms of their present or future orientation. Both
提供机构:
美国国家经济研究局
创建时间:
2006-06-01
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