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• W2804953307 abstract "The Social Discount Rate (SDR) is among the most critical parameters of the Cost-Benefit Analysis (CBA), because it strongly conditions the results. In the case of economic evaluations, that is when the analyses are conducted from the point of view of the community, the SDR allows to make financially comparable the costs and the benefits that the investment generates over time. Thus, it influences both the “weighting” of the cash flows temporal distribution and the measure of inter-generational equity associated with the project. Extremely important issues for those interventions that display their effects on a very long time horizon. In these circumstances, the traditional discount procedures show limits because they end up excessively reducing the financial terms that occur over a certain period. A possible solution to this problem is the use of hyperbolic discount procedures through declining discount rate (DDR)." @default.
• W2804953307 created "2018-06-01" @default.
• W2804953307 creator A5014311621 @default.
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• W2804953307 date "2018-05-20" @default.
• W2804953307 modified "2023-09-27" @default.
• W2804953307 title "Intergenerational Discounting in the Economic Evaluation of Projects" @default.
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• W2804953307 doi "https://doi.org/10.1007/978-3-319-92102-0_28" @default.
• W2804953307 hasPublicationYear "2018" @default.
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