Declining discount rates

We ask whether the US government should replace its current discounting practices with a declining discount rate schedule, as the United Kingdom and France have done, or continue to discount the future at a constant exponential rate. We present the theoretical basis for a declining discount rate (DD...

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Bibliographic Details

Main Authors:	Maureen L. Cropper, Mark Freeman, Ben Groom, William A. Pizer
Format:	Default Article
Published:	2014
Subjects:	Other commerce, management, tourism and services not elsewhere classified Other economics not elsewhere classified untagged Economics Business and Management not elsewhere classified
Online Access:	https://hdl.handle.net/2134/16716
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