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Pricing the planet's future[electron...
Gollier, Christian.

 

  • Pricing the planet's future[electronic resource] :the economics of discounting in an uncertain world /
  • 紀錄類型: 書目-語言資料,印刷品 : Monograph/item
    杜威分類號: 332.8/4
    書名/作者: Pricing the planet's future : the economics of discounting in an uncertain world // Christian Gollier.
    作者: Gollier, Christian.
    出版者: Princeton : : Princeton University Press,, c2012.
    面頁冊數: 1 online resource (296 p.)
    標題: Discount.
    標題: Investments - Social aspects.
    ISBN: 9781400845408 (electronic bk.)
    ISBN: 1400845408 (electronic bk.)
    書目註: Includes bibliographical references and index.
    內容註: Three ways to determine the discount rate -- The Ramsey Rule -- Extending the Ramsey Rule to an uncertain economic growth -- Random walk and mean-reversion -- Markov switches and extreme events -- Parametric uncertainty and fat tails -- The Weitzman argument -- A theory of the decreasing term structure of discount rates -- Inequalities -- Discounting non-monetary benefits -- Alternative decision criteria -- Evaluation of risky projects -- The option value of uncertain projects -- Evaluation of non-marginal projects.
    電子資源: http://www.jstor.org/stable/10.2307/j.cttq9rxs
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