How Should Benefits and Costs Be Discounted in an Intergenerational Context?

Working Paper by Kenneth Arrow, Maureen L. Cropper, Christian Gollier, Ben Groom, Geoffrey Heal, Richard Newell, William Nordhaus, Robert Pindyck, William Pizer, Paul R. Portney, Thomas Sterner, Richard Tol, and Martin Weitzman — Dec. 18, 2012

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