A NEW ARGUMENT IN FAVOR OF HYPERBOLIC DISCOUNTING IN VERY LONG TERM PROJECT APPRAISAL
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Publication:2939920
DOI10.1142/S0219024914500496zbMath1315.91075MaRDI QIDQ2939920
Publication date: 23 January 2015
Published in: International Journal of Theoretical and Applied Finance (Search for Journal in Brave)
regular variationhyperbolic discountingdiscount functioninstantaneous discount ratelong and heavy tailedness
Management decision making, including multiple objectives (90B50) Reliability, availability, maintenance, inspection in operations research (90B25) Financial applications of other theories (91G80) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Applications of renewal theory (reliability, demand theory, etc.) (60K10)
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