Yearly Archives: 2012

discounting in public policy
EPG Spotlight – Discounting in public policy: Deconstruction of the Social Rate of Time Preference.

In public policy investments, costs are often incurred in the short-term, with benefits accruing in the longer term. Whether a project is worth doing, or government action is justified, depends on the balance of these costs and benefits, in present value terms. This article deconstructs…

An economic analysis of the social value generated by Sewa Day

Sewa Day is an annual day of social action, which occurred last on 25 September in 2011. For benefactors of Sewa Day 2011, the main consideration is whether this is viable and provides sustainable net betterment for society. This study calculates a social return on…