The discounting premium puzzle: survey evidence from professional economists

We survey the attitude towards the risk-adjustment of efficient discount rates among the economics profession. Three-fourth of our respondents recommend adjusting discount rates to the risk profile of the project under scrutiny, in clear opposition to the standard practice of using a single discount...

Ausführliche Beschreibung

Bibliographische Detailangaben
Hauptverfasser: Christian, G, van der Ploeg, F, Zheng, J
Format: Working paper
Sprache:English
Veröffentlicht: University of Oxford 2022