Results 221 to 230 of about 472,821 (287)

Aggregate Social Discount Rate Derived from Individual Discount Rates

Management Science, 2002
In the economic evaluation of large public-sector projects, an aggregate social discount rate may be used in present worth comparison of alternatives. This paper uses the assumptions that individual discount rates are constant over time and approximately Normally distributed across the affected population, with mean μ and variance σ2, to derive an ...
exaly   +2 more sources

Social Discount Rate

2021
Donghun Yoon
openaire   +2 more sources

The Cross‐Sectional Implications of the Social Discount Rate

Econometrica, 2023
In this paper, I consider two normative questions: (1) how should policymakers approach tradeoffs that involve different age groups, and (2) at what rate should policymakers discount the consumption of future generations?
Maya Eden
semanticscholar   +1 more source

Estimation of a social discount rate for Turkey

Socio-Economic Planning Sciences, 2019
Cost-benefit analysis is probably the most comprehensive method of economic evaluation for public projects. Social discount rate, which makes it possible to compare the social benefits and costs extended over a period of time, has a key role in the ...
Hale Akbulut, Erdem Secilmis
exaly   +2 more sources

The Social Discount Rate: Legal and Philosophical Underpinnings

Social Science Research Network, 2023
Discounting of deferred impacts of government policies is a long-established practice that has been the target of substantial litigation and continued philosophical debate.
W. Viscusi
semanticscholar   +1 more source

The social discount rate in the evaluation of investment projects: an application for Ecuador

CEPAL Review, 2022
The standard social discount rate of 12% applied by planning institutions and multilateral agencies when evaluating public projects is a constant administrative parameter that is unsupported and unresponsive to changes in social preferences over time ...
J. Castillo, Donald Zhangallimbay
semanticscholar   +1 more source

Discount rates for long-term projects: the cost of capital and social discount rate compared

European Journal of Finance, 2017
Seth Armitage
exaly   +2 more sources

Building a Social Discount Rate to be Applied in US Afforestation Project Appraisal

Forests, 2019
This paper is focused on searching for the suitable discount rate to be applied to the valuation of a project related to forests in the USA, e.g., a recreational area inside a national park.
Maria José Muñoz Torrecillas, Julian Roche, Salvador Cruz Rambaud   +2 more
exaly   +2 more sources

An analysis of the long-term social discount rate and the valuation of large environmental losses using non-monetary tradeoffs

, 2020
We investigate individuals’ social discount rate and utility functions using a survey instrument that asks respondents to choose between saving a fraction of an ecosystem forever versus saving all of it for a limited time.
D. Courard-Hauri, C. Klimas, C. Parrish
semanticscholar   +1 more source

Intergenerational equity and the social discount rate

Australian Journal of Agricultural and Resource Economics, 2011
Helen Scarborough
exaly   +2 more sources