Search Results - subject:"Rate of Time Preference"

Investment-Specific Technology Shocks in a Small Open Economy

Mulraine, Millan L. B. - Volkswirtschaftliche Fakultät, … - 2005

In this paper we examine the behavioral responses of key macroeconomic variables in Canada to exogenous innovations to investment specific technology. This is done by developing a stylized international real business cycle model which is simulated to explore its ability to shed new light on the...

Persistent link: https://www.econbiz.de/10005789510

Towards a social discount rate for the economic evaluation of health technologies in Germany: an exploratory analysis

Schad, Mareike; John, Jürgen - In: The European Journal of Health Economics 13 (2012) 2, pp. 127-144

Persistent link: https://www.econbiz.de/10010993946

Cost-Benefit Analysis for Investment Decisions: Chapter 8 (The Economic Opportunity Cost of Capital)

Jenkins, Glenn Paul; Kuo, Chun-Yan; Harberger, Arnold C. - Economics Department, Queen's University - 2011

An investment project usually lasts for many years, hence its appraisal requires a comparison of the costs and benefits over its entire life. For acceptance, the present value of the project's expected benefits should exceed the present value of its expected costs. Among a set of mutually...

Persistent link: https://www.econbiz.de/10009351511

Determining the Discount Rate for Government Projects

Young, Louise - 2002

approaches considered are the social rate of time preference and the social opportunity cost. Estimation issues in determining … the rate using these two approaches are reviewed. The social rate of time preference is considered to be the appropriate … approach. When estimates of the social rate of time preference are unavailable or clearly unreliable and the Government is …

Persistent link: https://www.econbiz.de/10012115508

Determining the Discount Rate for Government Projects

Young, Louise - Treasury, Government of New Zealand - 2002

Persistent link: https://www.econbiz.de/10005176923

A Differential Game Model of Tariff War

Kemp, Murray C.; Long, Ngo Van; Shimomura, Koji - Research Institute for Economics and Business … - 2000

We present a simple two(-country) by two(-good) differental game model of international trade in which the governments of the two countries play a tariff-setting game. We explicitly derive a unilateral optimum tarifff rate and then a Markov-perfect equilibrium pair of tariff strategies...

Persistent link: https://www.econbiz.de/10005489459

Household Characteristics, Ability and Education: Evidence´ from a Dynamic Expected Utility Model

Belzil, Christian; Hansen, Joergen - 1999

We estimate a Dynamic Programming model of the decision between continuing schooling or entering the labor market using a panel from the National Longitudinal Survey (NLSY). The model, set in an expected utility framework (with a power utility function), fits data on both schooling attainments...

Persistent link: https://www.econbiz.de/10010262274

Household characteristics, ability and education : evidence from a dynamic expected utility model

Belzil, Christian; Hansen, Jörgen - 1999

Persistent link: https://www.econbiz.de/10011295416

Estimating discount rates for environmental quality from utility-based choice experiments

Viscusi, W.; Huber, Joel; Bell, Jason - In: Journal of Risk and Uncertainty 37 (2008) 2, pp. 199-220

Persistent link: https://www.econbiz.de/10005678219

Discounting climate change

Dasgupta, Partha - In: Journal of Risk and Uncertainty 37 (2008) 2, pp. 141-169

Persistent link: https://www.econbiz.de/10005709682