“Just give me a number!” Practical values for the social discount rate

@article{Moore2004JustGM,
  title={“Just give me a number!” Practical values for the social discount rate},
  author={M. Moore and A. Boardman and A. Vining and D. Weimer and D. Greenberg},
  journal={Journal of Policy Analysis and Management},
  year={2004},
  volume={23},
  pages={789-812}
}
  • M. Moore, A. Boardman, +2 authors D. Greenberg
  • Published 2004
  • Economics
  • Journal of Policy Analysis and Management
  • A major reason the quality of cost-benefit analysis (CBA) varies widely is inconsistent use of the social discount rate (SDR). This article offers guidance about the choice of the SDR. Namely, we recommend the following procedures: If the project is intragenerational (does not have effects beyond 50 years) and there is no crowding out of private investment, then discount all flows at 3.5 percents if the project is intragenerational and there is some crowding out of investment, then weight… CONTINUE READING
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