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A green growth agenda requires policy makers, from local to supranational levels, to examine and influence behavior that impacts economic, social, and environmental outcomes on multiple scales. Behavioral and social change, in addition or conjunction with technological change, is thus a crucial...
Persistent link: https://www.econbiz.de/10010583543
Utilizing theory and empirical insights from psychology and behavioral economics, this paper examines individuals' cognitive and motivational barriers to adopting climate change adaptation and mitigation measures that increase consumer welfare. We explore various strategies that take into...
Persistent link: https://www.econbiz.de/10010951013
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Two choice tasks known to produce framing effects in individual decisions were used to test group sensitivity to framing, relative to that of individuals, and to examine the effect of prior, individual consideration of a decision on group choice. Written post-decision reasons and pre-decision...
Persistent link: https://www.econbiz.de/10005319066
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This paper provides empirical evidence that distinguishes between alternative conceptualizations of the risky decision making process. Two studies investigate whether cross-situational differences in choice behavior should be interpreted in the expected utility framework as differences in risk...
Persistent link: https://www.econbiz.de/10009209011
Morally challenging decisions tend to be perceived as difficult by decision makers and often lead to post-decisional worry or regret. To test potential causes of these consequences, we employed realistic, morally challenging scenarios with two conflicting choice options. In addition to...
Persistent link: https://www.econbiz.de/10010550648
Interventions to increase cooperation in social dilemmas depend on understanding decision makers' motivations for cooperation or defection. We examined these in five real-world social dilemmas: situations where private interests are at odds with collective ones. An online survey (N = 929) asked...
Persistent link: https://www.econbiz.de/10010812076
In this study, respondents from the P.R.C., U.S.A., Germany, and Poland were found to differ in risk preference, as measured by buying prices for risky financial options. Chinese respondents were significantly less risk-averse in their pricing than Americans when risk preference was assessed in...
Persistent link: https://www.econbiz.de/10009204003