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On the Social Rate of Discount
1974Few topics in our discipline rival the social rate of discount as a subject exhibiting simultaneously a very considerable degree of knowledge and a very substantial level of ignorance. Economists understand thoroughly just what this variable should measure: the opportunity cost of postponement of receipt of any benefit yielded by a public investment ...
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THE CHOICE FOR SOCIAL DISCOUNT RATE [PDF]
Discounting is used to mean any process of revaluing a future event, service or product, to give a present equivalent value (present value).While there are many ways of determining a discount rate for private investment, when it comes to governments, things turn more complicated.
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Social Investment and Its Discount Rate
2017Like any form of investment, social investment will generate a rate of return and will represent a good use of public funding only if that rate of return is high enough compared to alternative uses of the resources. As with assessments of the benefits of action to prevent climate change, it is important to identify the main costs and benefits over time
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Discounting and the Social Discount Rate
1998Anthony Edward Boardman +1 more
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