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- W2054341490 abstract "Abstract In this essay, we present a fuzzy-decision theory of the optimal social discount rate. By combining methods of fuzzy logic, consensus, combination of expert judgments and fuzzy aggregation, algorithms are developed for computing optimal social discount rates from individual and collective time preferences. The results are examined against the computation of social discount rate on individual preferences as measured by utilities. An example is provided to illustrate the applicational mechanism of the theory. The essay is concluded with an appendix which is devoted to examining the properties of the required time set for the construction of the social discount." @default.
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- W2054341490 date "1993-09-01" @default.
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- W2054341490 title "A fuzzy-decision theory of optimal social discount rate: Collective-choice-theoretic" @default.
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- W2054341490 doi "https://doi.org/10.1016/0165-0114(93)90504-b" @default.
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