Chapter | Studies in the Theory of Capital Markets | 1972

Risk and the Discount Rate for Public Investment

by Michael C. Jensen and Martin J. Bailey

Keywords: Risk and Uncertainty; Investment; Public Sector;

Citation:

Jensen, Michael C., and Martin J. Bailey. "Risk and the Discount Rate for Public Investment." In Studies in the Theory of Capital Markets, edited by M. C. Jensen. New York: Praeger, 1972.