Accession Number : AD0673468

Title :   MINIMUM ATTRACTIVE RATE OF RETURN FOR PUBLIC INVESTMENTS,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Hirshleifer,Jack

Report Date : AUG 1968

Pagination or Media Count : 15

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)

Descriptors :   (*MONEY, COSTS), INDUSTRIES, TIME, ECONOMICS, OPTIMIZATION

Subject Categories : Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE