Environmental Protection, Rare Disasters, and Discount Rates
NBER Working Paper No. 19258
---- Acknowledgements -----
This research has been supported by a grant from the National Science Foundation. I have benefited from comments by Marios Angeletos, Christian Gollier, Emi Nakamura, Nick Stern, and Marty Weitzman. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.