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It has its limits, however.
It contributes to the herd instinct of scientists and to their conformism.
When they happen we will need to pay out more money than we used to, to cover the cost of care for those affected.
In August 2007 the Board of Governors cut the primary discount rate from.25.75, reducing the spread over the fed funds rate from 1 percentage point.5, where it currently sits (from early 2008 to 2010 the spread was.25 percentage points).3 Piketty,., Capital in the Twenty-First Century, Harvard University Press, Cambridge, Massachusetts, 2014.Most of them are not scientists in a narrow sense.The discount rate is actually three separate but related rates.The Chancellor acknowledged this argument within her statement but was not persuaded.I dont consider their short explicit presentation right at the beginning of my contribution a mere CV of mine but an integral part of my argumentation.The simple answer is yes, it will.3 people found this useful, was this answer useful?For many reasons, it is not always.The more post-democratic the system is, the worse the problems become.
Many companies use their weighted average cost of capital (wacc) if the project's risk profile is similar to that of the company.
The beauty and dubiousness of too simple theories There is, undoubtedly, some sort of magic (and seductiveness) in straightforward and uncomplicated theories but they are usually not true.
Both of these rates are set without regard to market rates.
1 Klaus,., The Manmade Contribution to Ongoing Global Warming Is Not a Planetary Emergency, Magisterial Lecture at the International Seminar on Planetary Emergencies, organized by the World Federation of Scientists, Erice, Sicily, Italy, You can find the text here: /clanky/3165.
Discounted Cash Flow Analysis, the discount rate also refers online film festival to the rate used to determine the present value of cash flows in discounted cash flow analysis.
However, reinsurers may be reluctant to price on a higher discount rate as this would require somewhat blindly speculating on future changes.
The new rate is based upon the three-year rate of return of Index Linked Gilts and, when inflation is taken into account, real returns on such bonds have become negative.The change of the Western political system not so slowly undergoing but for many people still not sufficiently visible influences also science.The discount rate also refers to the interest rate used in discounted cash flow analysis to determine the present value of future cash flows.The ideas can very rapidly turn into policies, the substantial debate in governments and parliaments practically disappeared.The softer the related science is, the more principal part they receive and occupy.It has no connection with science, or as Richard Lindzen put it, it represents a serious threat to the credibility of science.We see the end of the dominance of well-defined however imperfect, biased and misleading grand ideologies (or Weltanschauungen).They are no guarantors of the neutrality of the funding of research and science.It will be an interesting and turbulent year.The Role of politicians The current post-democracy facilitates and accelerates the transmission process from ideas to public policy.