Theory and Practice in the Choice of Social Discount Rate for Cost-benefit Analysis: A Survey

By J. Zhuang, Zhihong Liang, Tun Lin, F. Guzman. 2007

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Agreeing on Robust Decisions: New Processes for Decision Making Under Deep Uncertainty (2014, unknown): “Multilateral development banks follow similar practices with high discount rates (Zhuang et al. 2007).”
Comparative Cost-Effectiveness Analysis to Inform Policy in Developing Countries: A General Framework with Applications for Education (2013, background): “Developing countries tend to apply higher social discount rates (8–15 percent) than developed countries (3-7 percent) (Zhuang et al 2007).”
Total cost of ownership and market share for hybrid and electric vehicles in the UK, US and Japan (2018, background): “5% for Japan, California/Texas and UK respectively [40,41].”
Developing indicators of economic value and biodiversity loss for rubber plantations in Xishuangbanna, southwest China: A case study from Menglun township (2014, background): “Finally, the social discount rate reflects a society’s relative valuation of today’s well-being versus future well-being (Zhuang et al., 2007) and incorporates uncertainty about the future into the calculation.”