Time Value

  • Matthias Ruth
  • Bruce Hannon
Chapter
Part of the Modeling Dynamic Systems book series (MDS)

Abstract

Here we show how to represent the basic economic principle of time value in STELLA, with an application in cost–benefit analysis.

Keywords

Income Sine 

Reference

  1. Lind RC, Arrow KJ, Corey GR, Dasgupta P, Sen AK, Stauffer T, Stiglitz JE, Stockfisch JA, Wilson R (1982) Discounting for time and risk in energy policy. Resources for the Future, WashingtonGoogle Scholar

Copyright information

© Springer Science+Business Media, LLC 2012

Authors and Affiliations

  • Matthias Ruth
    • 1
  • Bruce Hannon
    • 2
  1. 1.University of MarylandCollege ParkUSA
  2. 2.University of IllinoisUrbanaUSA

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