Social discount rate (SDR) is a measure used to help guide choices about the value of diverting funds to social projects. It is defined as "the appropriate value of r to use in computing present discount value for social investments." Determining this rate is not always easy and can be the subject of discrepancies in the true net benefit to certain projects, plans and policies.
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Famous quotes containing the words social, discount and/or rate:
“The beaux and the babies, the servant troubles, and the social aspirations of the other girls seemed to me superficial. My work did not. I was professional. I could earn my own money, or I could be fired if I were inefficient. It was something to get your teeth into. It was living.”
—Edna Woolman Chase (1877–1957)
“Don’t discount our powers;
We have made a pass
At the infinite,”
—Robert Frost (1874–1963)
“Whoever thinks his friend more important than his country, I rate him nowhere.”
—Sophocles (497–406/5 B.C.)