Global S&T Development Trend Analysis Platform of Resources and Environment
Discounting 101 | |
Brian Prest | |
2020-01-16 | |
出版年 | 2020 |
国家 | 美国 |
领域 | 资源环境 |
英文摘要 | Discounting is the process of converting a value received in a future time period (e.g., 1, 10, or even 100 years from now) to an equivalent value received immediately. For example, a dollar received 50 years from now may be valued less than a dollar received today—discounting measures this relative value. The discounting process is a way to convert units of value across time horizons, translating future dollars into today’s dollars. Discounting is used by decisionmakers to fully understand the costs and benefits of policies that have future impacts. This explainer will review the rationale behind discounting, how the discount rate is calculated, and why discounting matters for climate policies. |
URL | 查看原文 |
来源平台 | Resources for the Future |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/275197 |
专题 | 资源环境科学 |
推荐引用方式 GB/T 7714 | Brian Prest. Discounting 101,2020. |
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