EconPapers    
Economics at your fingertips  
 

The Dilemmas of Public Vs. Private Goods Discounting for Long-Term Investment Appraisal: The Puzzle of Citizen and Consumer Approaches to Valuation

Foltyn-Zarychta Monika ()
Additional contact information
Foltyn-Zarychta Monika: University of Economics in Katowice, College of Finance, Department of Investment, 1 Maja 50, 40-287Katowice, Poland

Folia Oeconomica Stetinensia, 2020, vol. 20, issue 2, 114-133

Abstract: Research background: An investment appraisal applies a single discount rate across all effects. However, this may be insufficient for heterogenous environmental impacts, mixing private and public goods as well as use and non-use values, where individuals may have multiple intertemporal preferences due to their duality to act as consumer or citizen.

Keywords: investment appraisal; valuation; discounting; citizen vs. consumer distinction (search for similar items in EconPapers)
JEL-codes: D15 D61 H43 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.2478/foli-2020-0039 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:foeste:v:20:y:2020:i:2:p:114-133:n:18

DOI: 10.2478/foli-2020-0039

Access Statistics for this article

Folia Oeconomica Stetinensia is currently edited by Waldemar Tarczyński

More articles in Folia Oeconomica Stetinensia from Sciendo
Bibliographic data for series maintained by Peter Golla ().

 
Page updated 2021-05-24
Handle: RePEc:vrs:foeste:v:20:y:2020:i:2:p:114-133:n:18