Reference Entry

social time preference

Edited by John Black, Nigar Hashimzade and Gareth Myles

in A Dictionary of Economics

Fourth edition

Published in print January 2012 | ISBN: 9780199696321
Published online May 2013 | e-ISBN: 9780191759130
social time preference

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The value that society places on present consumption relative to future consumption. The rate of social time preference can be used in ...

Reference Entry.  56 words. 

Subjects: Economics

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