نرخ تنزیل، وزن سهام و هزینه های اجتماعی کربن

This might seem counter-intuitive, but it comes about because of the logical link between equity weights and discount rates; as the elasticity goes from 0 to − 0.5 to − 1.0, the social rate of time preference rises, and the drop in present values that results far outweighs the small increase in impacts that equity weights bring.