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Methods of Discount
This is just a random thought that I want to throw out there. Does anyone else think that discounting the future by interest rate is too dependent on the completeness of the market economy and less on the assumptions of utility? Assumptions should be made, but perhaps this one is a little far fetched. Are there more appropriate methods of discounting future than the interest rate?
(don't be afraid to put me in my place with this one)
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