Loading...
Discounting rate: a matter of common sense rather than a theoretical problem
Rosbaco, Juan
Rosbaco, Juan
Type
Ponencia en congreso
Citations
Altmetric:
Abstract
“Different rates proposed by several authors to discount cashflows of given projects are discussed. The paper starts by reviewing what the objectives of an evaluation are and later presents the different discount rates suggested by the authors. After a theoretical but fundamentally logical analysis it is concluded that there is no universal discount rate that can be used in all situations; to do so would disregard both the fact that an evaluation can have different objectives and that the environment in which projects will be carried out and companies will develop is unique in each case.”
Description
Date
1999
Journal Title
Journal ISSN
Volume Title
Publisher
Collections
Files
Loading...
Ponencia_Rosbaco
Adobe PDF, 132.95 KB
Research Projects
Organizational Units
Journal Issue
Keywords
ECONOMIA, PROYECTOS DE INVERSION, EVALUACION DE PROYECTOS, ANALISIS DE INVERSIONES