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Pharmacoeconomics: Open Access

ISSN: 2472-1042

Open Access

Discounting costs

Discounting renders advantages and prices that occur in several time periods comparable by expressing their values in present terms. In observe, it's accomplished by multiplying the changes in future consumption (broadly outlined, as well as market and non-market goods and services) caused by a policy by a discount factor. At an outline level, discounting reflects that people prefer consumption today to future consumption, which endowed capital, is productive and provides greater consumption in the future. Properly applied, discounting will tell us what proportion future benefits and costs are worth today.

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Health Economics & Outcome Research: Open Access, International Journal of Economics & Management Sciences, Business and Economics Journal, Journal of Pharmaceutical Care & Health Systems, Pubmed indexed pharmacy Journals, Elsevier pharmacy Journals, Journal of Benefit-Cost Analysis, The American Journal of Medicine, The Journal of Mental Health Policy and Economics,International Journal of Health Sciences and Research, Journal of Economics, Journal of Digital Asset Management

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