Cost Benefit Discount - Productivity Commission
1 The concept of discounting in cost-benefit analysis 1 1.1 Introduction 1 1.2 The discount rate in cost-benefit analysis 2 1.3 Why discount? 3 1.4 Real and nominal discount rates 5 1.5 The discount rate’s impact on project viability 6 2 Approaches to discounting 9 2.1 Different views on the social discount rate in practice 9
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