Economics and the future [electronic resource] : time and discounting in private and public decision making / edited by David J. Pannell and Steven G.M. Schilizzi.
Material type:
TextPublication details: Cheltenham [England] : Edward Elgar Pub., 2006Description: 1 online resource (xiii, 182 p.) : ill. (some col.)ISBN: 9781781007488 (e-book)Subject(s): Cost effectiveness | Decision makingGenre/Form: Electronic books.Additional physical formats: No titleDDC classification: 658.15/52 LOC classification: HD47.4 | .E335 2006Online resources: Click here to access online | Item type | Current library | Call number | URL | Status | Date due | Barcode | Item holds |
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eBook
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Digital Library
Resources in this library are accessible in digital format e.g. eBooks or eJournals accessible online. |
HD47.4 .E335 2006 (Browse shelf(Opens below)) | Link to resource | Available |
Includes bibliographical references and index.
1. Time and discounting in economic decision making / David J. Pannell and Steven G.M. Schilizzi -- 2. Investigating net benefits from alternative uses of resources / Bill Malcolm -- 3. Avoiding simplistic assumptions in discounting cash flows for private decisions / David J. Pannell -- 4. Compounding and discounting under risk : net present values and real option values / Greg Hertzler -- 5. Risk, discounting and the public sector / John Quiggin -- 6. Reconsidering reconsidered : why sustainable discounting need not be inconsistent over time / John C.V. Pezzey -- 7. Discounting the distant future using short time horizons : investments with irreversible benefits / Steven G.M. Schilizzi -- 8. Discounting future prospects, and the quest for sustainability / Alan Randall -- 9. How should we discount the future? : an environmental perspective / Michael D. Young and Darla Hatton MacDonald -- 10. Discounting the future / Cédric Philibert -- 11. Discounting the distant future : why so many voices and so little consensus? / Steven G.M. Schilizzi -- 12. Time will tell : pending questions on discounting / Steven G.M. Schilizzi and David J. Pannell.
Economics and the Future tackles the discounting issue from a number of angles, ranging from relatively short-term private financial decisions, to very long-term public issues spanning generations. The authors present differing perspectives and original ideas in a style that remains accessible while addressing some of the more difficult questions about discounting in theory and practice. It reveals that the economic issues regarding time are embedded in a broader social, ethical and philosophical context.
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