Concept information
Preferred term
discount rate
Definition
- There is an ongoing discussion in environmentrelated fields about the practice of discounting in economic analysis. The need for discounting arises when economists seek to compare the costs and benefits of a project or policy that occurs over a number of years. [Source: Encyclopedia of Environment and Society; Discount Rate]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/discount_rate
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