Social rate of time preference
Term · Environment · MLC-T-ENV-025913
The discount rate at which society is willing to trade consumption in one period (usually year) for consumption in the next period.
| Identifier | MLC-T-ENV-025913 |
|---|---|
| Field | Environment |
| Subject | Social and economic factors |
| References | Preparing Economic Analyses Glossary; Economic Analyses Glossary |
Record as JSON
{
"id": "MLC-T-ENV-025913",
"term": "Social rate of time preference",
"field": "Environment",
"definition": "The discount rate at which society is willing to trade consumption in one period (usually year) for consumption in the next period.",
"subject": "Social and economic factors",
"references": [
"Preparing Economic Analyses Glossary; Economic Analyses Glossary"
],
"url": "https://mlchart.com/terminology/environment/social-rate-of-time-preference/"
}
Record 25,220 of 29,894 in Environment terminology (MLC-0121). Request the full dataset.