adaptation to changing life circumstances. People may adapt or become more sensitive, to different degrees, to a deteriorated … the consequences for optimal climate policies and argues from a normative point of view that psychological adaptation …

adaptation to changing life circumstances. People may adapt or become more sensitive, to different degrees, to a deteriorated … the consequences for optimal climate policies, and argues from a normative point of view that psychological adaptation …

This paper shows how the first-best and second-best rules for optimal public good provision depend on the adaptation to … private and public consumption. Adaptation in private consumption typically leads to over-provision relative to the Samuelson … condition, while adaptation in public consumption works the other way around. The two sources of adaptation only cancel out in …

Adaptation is omnipresent but people systematically fail to correctly anticipate the degree to which they adapt. This …

Adaptation is omnipresent but people systematically fail to correctly anticipate the degree to which they adapt. This …

Adaptation is omnipresent but people systematically fail to correctly anticipate the degree to which they adapt. This …

Adaptation is omnipresent but people systematically fail to correctly anticipate the degree to which they adapt. This …

adaptation to changing life circumstances. People may adapt or become more sensitive, to different degrees, to a deteriorated … the consequences for optimal climate policies and argues from a normative point of view that psychological adaptation …

Adaptation is omnipresent but people systematically fail to correctly anticipate the degree to which they adapt. This …