Optimal Discount Rates for Government Projects

Table 7

Utility loss from a government project with a favorable risk profile.

𝑁	𝐵	𝑏	𝐸(𝑣)𝑍	𝐸(𝑣)	Per-capita utility loss	Total utility loss
10	1	0.1	−3.796548	−3.924154	−0.127606	−1.276062
100	1	0.01	−3.911106	−3.924154	−0.013048	−1.304789
1000	1	0.001	−3.922846	−3.924154	−0.001308	−1.307724
10000	1	0.0001	−3.924023	−3.924154	−0.000131	−1.308019
100000	1	0.00001	−3.924141	−3.924154	−1.3081𝐸−05	−1.308048
1000000	1	0.000001	−3.924153	−3.924154	−1.3081𝐸−06	−1.308051
10000000	1	0.0000001	−3.924154	−3.924154	−1.3081𝐸−07	−1.308051
100000000	1	0.00000001	−3.924154	−3.924154	−1.3081𝐸−08	−1.308051
1000000000	1	1𝐸−09	−3.924154	−3.924154	−1.3081𝐸−09	−1.308051