Edited by David J. Pannell and Steven G.M. Schilizzi, School of Agricultural and Resource Economics, The University of Western Australia, Perth, Australia

'This excellent book is essential reading for anyone involved with discounting methodology and practice. . . a valuable information source for anyone concerned with discounting procedures.'

• Contents: Preface1. Time and Discounting in Economic Decision Making David J. Pannell and Steven G.M. Schilizzi2. Investigating Net Benefits from Alternative Uses of ResourcesBill Malcolm3. Avoiding Simplistic Assumptions in Discounting Cash Flows for Private DecisionsDavid J. Pannell 4. Compounding and Discounting Under Risk: Net Present Values and Real Option ValuesGreg Hertzler5. Risk, Discounting and the Public SectorJohn Quiggin 6. Reconsidering Reconsidered: Why Sustainable Discounting Need Not be Inconsistent Over Time John C.V. Pezzey7. Discounting the Distant Future Using Short Time Horizons: Investments with Irreversible BenefitsSteven G.M. Schilizzi8. Discounting Future Prospects, and the Quest for SustainabilityAlan Randall9. How Should We Discount the Future? An Environmental Perspective Michael D. Young and Darla Hatton MacDonald10. Discounting the FutureCédric Philibert11. Discounting the Distant Future: Why So Many Voices and So Little Consensus?Steven G.M. Schilizzi12. Time Will Tell: Pending Questions on DiscountingSteven G.M. Schilizzi and David J. PannellIndex

Edited by David J. Pannell and Steven G.M. Schilizzi, School of Agricultural and Resource Economics, The University of Western Australia, Perth, Australia

'This excellent book is essential reading for anyone involved with discounting methodology and practice. . . a valuable information source for anyone concerned with discounting procedures.'

• Contents: Preface1. Time and Discounting in Economic Decision Making David J. Pannell and Steven G.M. Schilizzi2. Investigating Net Benefits from Alternative Uses of ResourcesBill Malcolm3. Avoiding Simplistic Assumptions in Discounting Cash Flows for Private DecisionsDavid J. Pannell 4. Compounding and Discounting Under Risk: Net Present Values and Real Option ValuesGreg Hertzler5. Risk, Discounting and the Public SectorJohn Quiggin 6. Reconsidering Reconsidered: Why Sustainable Discounting Need Not be Inconsistent Over Time John C.V. Pezzey7. Discounting the Distant Future Using Short Time Horizons: Investments with Irreversible BenefitsSteven G.M. Schilizzi8. Discounting Future Prospects, and the Quest for SustainabilityAlan Randall9. How Should We Discount the Future? An Environmental Perspective Michael D. Young and Darla Hatton MacDonald10. Discounting the FutureCédric Philibert11. Discounting the Distant Future: Why So Many Voices and So Little Consensus?Steven G.M. Schilizzi12. Time Will Tell: Pending Questions on DiscountingSteven G.M. Schilizzi and David J. PannellIndex

Edited by David J. Pannell and Steven G.M. Schilizzi, School of Agricultural and Resource Economics, The University of Western Australia, Perth, Australia

'This excellent book is essential reading for anyone involved with discounting methodology and practice. . . a valuable information source for anyone concerned with discounting procedures.'

• Contents: Preface1. Time and Discounting in Economic Decision Making David J. Pannell and Steven G.M. Schilizzi2. Investigating Net Benefits from Alternative Uses of ResourcesBill Malcolm3. Avoiding Simplistic Assumptions in Discounting Cash Flows for Private DecisionsDavid J. Pannell 4. Compounding and Discounting Under Risk: Net Present Values and Real Option ValuesGreg Hertzler5. Risk, Discounting and the Public SectorJohn Quiggin 6. Reconsidering Reconsidered: Why Sustainable Discounting Need Not be Inconsistent Over Time John C.V. Pezzey7. Discounting the Distant Future Using Short Time Horizons: Investments with Irreversible BenefitsSteven G.M. Schilizzi8. Discounting Future Prospects, and the Quest for SustainabilityAlan Randall9. How Should We Discount the Future? An Environmental Perspective Michael D. Young and Darla Hatton MacDonald10. Discounting the FutureCédric Philibert11. Discounting the Distant Future: Why So Many Voices and So Little Consensus?Steven G.M. Schilizzi12. Time Will Tell: Pending Questions on DiscountingSteven G.M. Schilizzi and David J. PannellIndex