Risky (Natural) Assets: Stochasticity, Nonconvexity, and the Value of Natural Capital

  • Abbott J
  • Fenichel E
  • Yun S
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Abbott, J. K., Fenichel, E. P., & Yun, S. D. (2026). Risky (Natural) Assets: Stochasticity, Nonconvexity, and the Value of Natural Capital. Journal of the Association of Environmental and Resource Economists. https://doi.org/10.1086/741689

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