PLEASE HELP WITH THESE QUESTIONS

Cost-Benefit Analysis

1. Please outline how we determine discount rates on private versus public projects? How do these rates range and why? When could we ever expect social discount rates to be higher than private discount rates?

2. Discuss the issue of equality/fairness and how it is dealt with when comparing private versus pubic CBA analysis?Why is distribution of benefits and costs so important when performing a public/private sector CBA? What are the key principle in the economics of CBA that we use to discuss redistribution of gain issues? Are we able to make things parato efficient within a CBA setting? Be as clear as possible.