Discounting in Government Appraisal: The Case for a Two-Rate Framework in the UK

The UK should adopt a two-rate discounting model in government appraisal. Current guidance is based on tautological mathematics and an authoritarian approach to central planning. STP rates fail to account for the social cost of capital and SOC rates fail to account for intergenerational equity.
Go to the profile of J. Jacobsen-Laws
J. Jacobsen-Laws
Undergraduate Student, UCL
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Go to the profile of J. Jacobsen-Laws
J. Jacobsen-Laws
Undergraduate Student, UCL

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