Should Practitioners (Continue to) Use a Single Discount Rate in Large-Scale Project Valuation?

[1] How to discount cashflows with time-varying expected returns [J]. JOURNAL OF FINANCE, 2004, 59 (06) : 2745 - 2783

[2] Arditti, 1973, J FINANC, V28, P1001

[3] Improved capital budgeting decision making: evidence from Canada [J]. MANAGEMENT DECISION, 2010, 48 (1-2) : 225 - 247

[4] Cost of capital, discounting and relational contracting: endogenous optimal return and duration for joint investment projects [J]. APPLIED ECONOMICS, 2011, 43 (30) : 4847 - +

[5] Brealey R., 2010, PRINCIPLES CORPORATE

[6] Presidential Address: Discount Rates [J]. JOURNAL OF FINANCE, 2011, 66 (04) : 1047 - 1108

[7] Copeland T., 1996, VALUATION MEASURING

[8] Time varying costs of capital and the expected present value of future cash flows [J]. EUROPEAN JOURNAL OF FINANCE, 2015, 21 (02) : 129 - 146

[9] Esty B.C., 1999, J STRUCT FINANC, V5, P9, DOI [10.3905/jsf.1999.320177, DOI 10.3905/JSF.1999.320177]

[10] Freeman M. C, 2013, 109 GRANTH RES I CLI

[1] How to discount cashflows with time-varying expected returns [J]. JOURNAL OF FINANCE, 2004, 59 (06) : 2745 - 2783

[2] Arditti, 1973, J FINANC, V28, P1001

[3] Improved capital budgeting decision making: evidence from Canada [J]. MANAGEMENT DECISION, 2010, 48 (1-2) : 225 - 247

[4] Cost of capital, discounting and relational contracting: endogenous optimal return and duration for joint investment projects [J]. APPLIED ECONOMICS, 2011, 43 (30) : 4847 - +

[5] Brealey R., 2010, PRINCIPLES CORPORATE

[6] Presidential Address: Discount Rates [J]. JOURNAL OF FINANCE, 2011, 66 (04) : 1047 - 1108

[7] Copeland T., 1996, VALUATION MEASURING

[8] Time varying costs of capital and the expected present value of future cash flows [J]. EUROPEAN JOURNAL OF FINANCE, 2015, 21 (02) : 129 - 146

[9] Esty B.C., 1999, J STRUCT FINANC, V5, P9, DOI [10.3905/jsf.1999.320177, DOI 10.3905/JSF.1999.320177]

[10] Freeman M. C, 2013, 109 GRANTH RES I CLI