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Published in 2022 at "Entropy"
DOI: 10.3390/e24040496
Abstract: We address the process of discounting in random environments, which allows valuation of the future in economic terms. We review several approaches to the problem regarding different well-established stochastic market dynamics in the continuous-time context…
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Keywords:
random environments;
discounting random;
future discounting;
environments review ... See more keywords