Feature/tutorials

doc/tutorial/climada_entity_DiscRates.ipynb

@@ -6,7 +6,7 @@
    "source": [
     "# DiscRates class\n",
     "\n",
-    "Discount rates are used to calculate the net present value of any future or past value. They are thus used to compare amounts paid (costs) and received (benefits) in different years. A project is economically viable (attractive), if the net present value of benefits exceeds the net present value of costs - a const-benefit ratio < 1.\n",
+    "Discount rates are used to calculate the net present value of any future or past value. They are thus used to compare amounts paid (costs) and received (benefits) in different years. A project is economically viable (attractive), if the net present value of benefits exceeds the net present value of costs - a cost-benefit ratio < 1.\n",
     "\n",
     "There are several important implications that come along with discount rates. Namely, that higher discount rates lead to smaller net present values of future impacts (costs). As a consequence of that, climate action and mitigation measures can be postboned. In the literature higher discount rates are typically justified by the expectation of continued exponential growth of the economy.\n",
     "The most widley used interest rate in climate change economics is 1.4% as propsed by the Stern Review (2006). Neoliberal economists around Nordhaus (2007) claim that rates should be higher, around 4.3%. Environmental economists argue that future costs shouldn't be discounted at all. This is especially true for non-monetary variables such as ecosystems or human lifes, where no price tag should be applied out of ethical reasons. This discussion has a long history, reaching back to the 18th century: “Some things have a price, or relative worth, while other things have a dignity, or inner worth” (Kant, 1785).\n",
@@ -389,7 +389,7 @@
  "metadata": {
   "hide_input": false,
   "kernelspec": {
-   "display_name": "Python 3 (ipykernel)",
+   "display_name": "climada_env",
    "language": "python",
    "name": "python3"
   },
@@ -403,7 +403,7 @@
    "name": "python",
    "nbconvert_exporter": "python",
    "pygments_lexer": "ipython3",
-   "version": "3.8.12"
+   "version": "3.8.13 | packaged by conda-forge | (default, Mar 25 2022, 06:05:47) \n[Clang 12.0.1 ]"
   },
   "latex_envs": {
    "LaTeX_envs_menu_present": true,
@@ -435,6 +435,11 @@
    "toc_position": {},
    "toc_section_display": true,
    "toc_window_display": false
+  },
+  "vscode": {
+   "interpreter": {
+    "hash": "4aebf7f26d9a9d4c9696d8ddcd034589cd11abb7fe515057c687f2f3cec840ea"
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  "nbformat": 4,