Optimal Discount Rates for Government Projects

Table 8

Utility loss from a government project with an independent risk profile.

𝑁	𝐵	𝑏	𝐸(𝑣)𝑍	𝐸(𝑣)	Per-capita utility loss	Total utility loss
10	1	0.1	−3.985188	−3.924154	0.06103367	0.61033670
100	1	0.01	−3.924754	−3.924154	0.00059958	0.05995816
1000	1	0.001	−3.924160	−3.924154	5.9948𝐸−06	0.00599476
10000	1	0.0001	−3.924154	−3.924154	5.9947𝐸−08	0.00059947
100000	1	0.00001	−3.924154	−3.924154	5.9948𝐸−10	5.9948𝐸−05
1000000	1	0.000001	−3.924154	−3.924154	5.9948𝐸−12	5.9948𝐸−06
10000000	1	0.0000001	−3.924154	−3.924154	6.0396𝐸−14	6.0396𝐸−07
100000000	1	0.00000001	−3.924154	−3.924154	8.8818𝐸−16	8.8818𝐸−08
1000000000	1	1𝐸−09	−3.924154	−3.924154	0	0