A time preference measure of the social discount rate for the UK

摘要: In this study the social discount rate for UK is estimated, result compared with Treasury approved and main associated policy implications considered. A case argued reducing official in appraisals involving all long-term projects. The estimate of elasticity marginal utility consumption, an important component rate, supported by plausible statistically valid regression results. need further work relating to other major european countries identified so that comparisons can be made on a consistent basis.