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- W1583295118 abstract "The purpose of this paper is to obtain an appropriate social discount rate to appraise long-term or very long-term investment projects, as environmental or government projects. The problem will be approached from the hazard rate of goods in which we are going to invest. Specifi cally, we have chosen forestation investment and forest fi re as system fail, using the Weibull distribution in order to modelize the evolution of the system hazard rate. The hazard rate approach considers the risk that waiting for a reward (or the maturity of cash-fl ows) implies. This risk can be considered as the fail of the system, the mortality of the population the project is intended for, or even the decrease of the marginal utility of income." @default.
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- W1583295118 date "2007-01-01" @default.
- W1583295118 modified "2023-09-26" @default.
- W1583295118 title "Obtención de la tasa social de descuento a partir de la tasa de fallo de una distribución estadística: aplicación empírica" @default.
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