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Hyperbolic Discounting: Implications for Actuarial Science and Financial Risk Management
Hyperbolic Discounting: Implications for Actuarial Science and Financial Risk Management This ... and (2) that we can determine the appropriate rate(s) at which to discount each cash flow. With respect ...- Authors: Richard Gorvett
- Date: Dec 2012
- Competency: External Forces & Industry Knowledge
- Topics: Enterprise Risk Management