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The End of the Bank-rate?

Published online by Cambridge University Press:  24 August 2009

D. R. Helliwell
Affiliation:
The Bramleys, Lindale, Cumbria, England.

Extract

The suggestion, made in two earlier papers, that the use of a standard discount rate is not appropriate the planning of the environment, is considered further. It is concluded that the approach suggested in those papers may be of general validity in investment and cost/benefit decisions of all types. This approach involves an assessment of risks, together with an assessment of the expected ratio of investment: income.

Type
Main Papers
Copyright
Copyright © Foundation for Environmental Conservation 1977

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