diskontomarginaalist
Diskontomarginaalist is a theoretical concept in economics that describes an approach combining discounting of future outcomes with marginal analysis to evaluate intertemporal decisions and policy proposals. It treats time preference and incremental evaluation as jointly essential for rational choice, emphasizing how small changes at the margin interact with the value of future streams.
The core idea rests on two pillars. First, time preference is expressed through a discount rate that
Formally, the framework discounts future benefits and costs to present value and analyzes marginal changes in
Variants of the diskontomarginaalist approach acknowledge different discounting models, such as exponential or hyperbolic discounting, which
Critics highlight sensitivity to the choice of discount rate, ethical concerns about discounting future welfare, and
See also: discount rate, marginalism, intertemporal choice, net present value, cost-benefit analysis.