MINIMUM ATTRACTIVE RATE OF RETURN FOR PUBLIC INVESTMENTS,

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Abstract:

Time must be allowed for an investment decision by the use of interest factors, and a project is not to be regarded as economically efficient unless it shows its worth in a time-discount caluclation as against the relevant alternatives. Author

Author(s):
Hirshleifer, Jack
Author Organization(s):
RAND CORP SANTA MONICA CALIF
Supplementary Note:
Presented at Stanford Univ., Calif., School of Engineering, 6 Nov 61.
Pagination:
0015

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release

RECORD

Collection: TR
Identifying Numbers
Report Number(s):
P-3912
 Subject Terms
Communities of Interest:
No COI(s) Identified
Descriptor(s):
(*MONEY, COSTS), INDUSTRIES, TIME, ECONOMICS, OPTIMIZATION
Field(s)/Group(s):
Economics and Cost Analysis
Keyword(s):
INVESTMENTS
Report Date:
1968 Aug 01