Social Discounting of Large Dams with Climate Change Uncertainty
It has long been known that the economic assessment of large projects is sensitive to assumptions about discounting future costs and benefits. Projects that require high upfront investments and take years to begin producing economic benefits can be difficult to justify with the discount rates typica...
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Format: | Article |
Language: | English |
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Water Alternatives Association
2010-06-01
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Series: | Water Alternatives |
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Online Access: | http://www.water-alternatives.org/index.php/alldoc/articles/vol3/v3issue2/89-a3-2-12/file |