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Volumn , Issue , 2006, Pages 37-55

Compounding and discounting under risk: Net present values and real option values

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EID: 84881737691     PISSN: None     EISSN: None     Source Type: Book    
DOI: None     Document Type: Chapter
Times cited : (4)

References (18)
  • 1
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    • 'Hyperbolic discounting'
    • G. Lowenstein and J. Elster (eds), New York: Russel Sage Foundation
    • Ainslie, G. and N. Haslam (1992), 'Hyperbolic discounting', in G. Lowenstein and J. Elster (eds), Choice Over Time, New York: Russel Sage Foundation.
    • (1992) Choice Over Time
    • Ainslie, G.1    Haslam, N.2
  • 2
    • 0003976305 scopus 로고
    • Stochastic Differential Equations
    • New York: John Wiley and Sons
    • Arnold, L. (1974), Stochastic Differential Equations: Theory and Applications, New York: John Wiley and Sons.
    • (1974) Theory and Applications
    • Arnold, L.1
  • 3
    • 21344447418 scopus 로고    scopus 로고
    • 'An axiomatic approach to sustainable development'
    • Chichilnisky, G. (1996), 'An axiomatic approach to sustainable development', Social Choice and Welfare 13, 219-48.
    • (1996) Social Choice and Welfare , vol.13 , pp. 219-248
    • Chichilnisky, G.1
  • 5
    • 21344476140 scopus 로고
    • 'Preferences for life-saving programs: how the public discounts time and age'
    • Cropper, M.L., S.K. Aydede and P.R. Portnoy (1994), 'Preferences for life-saving programs: how the public discounts time and age', Journal of Risk and Uncertainty 8, 243-65.
    • (1994) Journal of Risk and Uncertainty , vol.8 , pp. 243-265
    • Cropper, M.L.1    Aydede, S.K.2    Portnoy, P.R.3
  • 11
    • 0004144674 scopus 로고    scopus 로고
    • Valuing the Future: Economic Theory and Sustainability
    • New York: Columbia University Press
    • Heal, G. (1998), Valuing the Future: Economic Theory and Sustainability, New York: Columbia University Press.
    • (1998)
    • Heal, G.1
  • 12
    • 84881767193 scopus 로고    scopus 로고
    • 'The precautionary principle in practice: how to write a call option on the environment'
    • B.Babcock, R. Fraser, and J.N. Lekakis (eds), Dordrecht, The Netherlands: Kluwer
    • Hertzler, G. (2003), 'The precautionary principle in practice: how to write a call option on the environment', in B.Babcock, R. Fraser, and J.N. Lekakis (eds), Risk Management and the Environment: Agriculture in Perspective, Dordrecht, The Netherlands: Kluwer, pp. 29-51.
    • (2003) Risk Management and the Environment: Agriculture in Perspective , pp. 29-51
    • Hertzler, G.1
  • 13
    • 0002489136 scopus 로고
    • 'Anomalies in intertemporal choice: evidence and interpretation'
    • G. Lowenstein and J. Elster (eds), New York: Russel Sage Foundation
    • Lowenstein, G. and D. Prelec (1992), 'Anomalies in intertemporal choice: evidence and interpretation', in G. Lowenstein and J. Elster (eds), Choice Over Time, New York: Russel Sage Foundation.
    • (1992) Choice Over Time
    • Lowenstein, G.1    Prelec, D.2
  • 14
    • 0038341026 scopus 로고    scopus 로고
    • 'Discounting the distant future: how much do uncertain rates increase valuations?'
    • 52-71
    • Newell, R.G. and W.A. Pizer (2003), 'Discounting the distant future: how much do uncertain rates increase valuations?' Journal of Environmental Economics and Management 46, 52-71.
    • (2003) Journal of Environmental Economics and Management , vol.46
    • Newell, R.G.1    Pizer, W.A.2
  • 15
    • 0141924183 scopus 로고    scopus 로고
    • 'Uncertain discount rates in climate policy analysis'
    • Newell, R.G. and W.A. Pizer (2004), 'Uncertain discount rates in climate policy analysis', Energy Policy 32, 519-29.
    • (2004) Energy Policy , vol.32 , pp. 519-529
    • Newell, R.G.1    Pizer, W.A.2
  • 16
    • 84963071606 scopus 로고
    • 'Myopia and inconsistency in dynamic utility maximization'
    • Strotz, R.H. (1955/1956), 'Myopia and inconsistency in dynamic utility maximization', Review of Economic Studies 23, 165-80.
    • (1955) Review of Economic Studies , vol.23 , pp. 165-180
    • Strotz, R.H.1
  • 17
    • 0032211507 scopus 로고    scopus 로고
    • 'Why the far-distant future should be discounted at its lowest possible rate'
    • Weitzman, M.L. (1998), 'Why the far-distant future should be discounted at its lowest possible rate', Journal of Environmental Economics and Management 36, 201-8.
    • (1998) Journal of Environmental Economics and Management , vol.36 , pp. 201-208
    • Weitzman, M.L.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.