Question: please answer With respect to events like global warming, some economists suggest using falling discount rates because exponential discounting virtually gives no weight to (large)

please answer With respect to events like global warming, some economists

please answer

suggest using falling discount rates because exponential discounting virtually gives no weight

With respect to events like global warming, some economists suggest using falling discount rates because exponential discounting virtually gives no weight to (large) costs incurred far into the future. exponential discounting weights (large) costs incurred far into the future heavily. we should not care about costs far in the future. events far in the future do not affect us

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