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...
Main Authors: | , , |
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Format: | Working paper |
Language: | English |
Published: |
University of Oxford
2022
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