Why do economists discount future costs and benefits in cost-benefit analysis?
0 Goulder, L. H., and Stavins, R. N. (2002). Discounting: an eye on the future. Nature, 419(6908), 673-674.
0 Markandya, A., and Pearce, D. W. (1991). Development, the environment, and the social rate of discount. The World Bank Research Observer, 6(2), 137-152.