Now, Later, or Never: Applying Asymmetric Discount Rates in Nuisance Remedies and Federal Regulations

* J.D. candidate, May 2008. I dedicate this Note to Professor Clopper Almon and Mrs. Joan Almon, whose wisdom, integrity, and devotion I greatly admire and whose generosity I deeply appreciate. I am grateful to Professor James E. Krier for introducing me to law and economics and advising me on this Note. Many thanks to Ilya Shulman, Jeremy Suhr, Krista Caner, Jeanne Long, and Joel Flaxman for helpful suggestions on previous drafts of this Note. Financial support from the John M. Olin Center for Law and Economics at the University of Michigan Law School is also gratefully acknowledged.