The Effect of a Constant or a Declining Discount Rate on Optimal Investment Timing
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- Gonzalo Edwards, 2003. "The effect of a constant or a declining discount rate on optimal investment timing," Applied Economics Letters, Taylor & Francis Journals, vol. 10(10), pages 657-659.
References listed on IDEAS
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Cited by:
- Joseph Eisenhauer & Luigi Ventura, 2006. "The prevalence of hyperbolic discounting: some European evidence," Applied Economics, Taylor & Francis Journals, vol. 38(11), pages 1223-1234.
- Mathieu-Bolh, Nathalie, 2017. "Can tax reforms help achieve sustainable development?," Resource and Energy Economics, Elsevier, vol. 50(C), pages 135-163.
- Gonzalo Edwards, 2002. "La Tasa de Descuento en Proyectos de Largo Plazo," Documentos de Trabajo 231, Instituto de Economia. Pontificia Universidad Católica de Chile..
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More about this item
Keywords
Declining discounting; exponential discounting; hyperbolic discounting; investment timing; project evaluation;All these keywords.
JEL classification:
- D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
- H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
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