Barkley writes:
> The new wave coming out of these discussions
>has been hyperbolic discounting where a high discount
>rate is used to discount the near term future, but a lower
>and lower rate approaching zero is used to discount the
>far distant future.
In practice, of course, long-term in
: Re: Re: Re: [Fwd: Re: query: Frank
Ramsey]
>Barkley writes:
>> The new wave coming out of these discussions
>>has been hyperbolic discounting where a high discount
>>rate is used to discount the near term future, but a lower
>>and lower rate approaching zero is us