Three ways to determine the discount rate
The Ramsey Rule
Extending the Ramsey Rule to an uncertain economic growth
Random walk and mean-reversion
Markov switches and extreme events
Parametric uncertainty and fat tails
The Weitzman argument
A theory of the decreasing term structure of discount rates
Inequalities
Discounting non-monetary benefits
Alternative decision criteria
Evaluation of risky projects
The option value of uncertain projects
Evaluation of non-marginal projects.
OBNB doesn't sell books, but you may be able to find a copy at one of these websites:
Pricing the planet's future : the economics of discounting in an uncertain world by Christian Gollier. ISBN 9780691148762. Published by Princeton University Press in 2013. Publication and catalogue information, links to buy online and reader comments.
