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...

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Bibliographic Details
Main Authors: Christian, G, van der Ploeg, F, Zheng, J
Format: Working paper
Language:English
Published: University of Oxford 2022