Apr 25, 2011
My father and I had an idea to conceptually separate the amount of discounting of the future (i.e. how much total weight to put on a constant stream of benefits) from the speed of discounting (i.e., fixing that amount, when in the future the weight accrues). So we decided to write a paper about it. This was over 16 years ago. That paper, after several iterations, was published today.
You can read it here.