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The Social Rate of Discount and The Optimal Rate of Investment
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The Social Rate of Discount and The Optimal Rate of Investment
The Social Rate of Discount and The Optimal Rate of Investment
SM
Stephen A. Marglin
Stephen A. Marglin
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1 February 1963
journal article
Published by
Oxford University Press (OUP)
in
The Quarterly Journal of Economics
Vol. 77
(1)
,
95-111
https://doi.org/10.2307/1879374
Abstract
Introduction, 95. — The authoritarian answer, 96. — The schizophrenic answer, 98. — The interdependence answer, 99. — Determining the social rate of discount, 109. — Conclusion, 111.
Keywords
INTRODUCTION
INTERDEPENDENCE
OPTIMAL
AUTHORITARIAN
ANSWER
SCHIZOPHRENIC
SOCIAL RATE OF DISCOUNT
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Cited by 370 articles