“…Discounting is a classical tool used by geneticists (Poutous and Vissac, 1962;Hill, 1974;Cunningham and Ryan, 1975;Smith, 1977;Miller and Pearson, 1979) for taking into account the time when genetic gains are obtained and it has been applied to numerous selection schemes (Soller et al, 1966;Hinks, 1970;Danell et al, 1976). (Falconer, 1981;Larzul et al, 1997 (see fig 2b).…”