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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.

Contributor(s): Pannell, David J, 1960- | Schilizzi, Steven | Edward Elgar PublishingMaterial type: TextTextPublication 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
Contents:
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.
Summary: 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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Holdings
Item type Current library Call number URL Status Date due Barcode Item holds
eBook eBook Digital Library

Resources in this library are accessible in digital format e.g. eBooks or eJournals accessible online.

Online Access
HD47.4 .E335 2006 (Browse shelf(Opens below)) Link to resource Available
Total holds: 0

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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