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Allocating Risks in a Domestic Greenhouse Gas Trading System
Kerr, Suzi - 2013
strategic incentives for either government or regulated entities. Consideration of both exogenous risk (uncontrollable) and … endogenous risk (concerns about policy credibility) suggests that permits should be auctioned several years in advance of use … all risk to be pooled and managed as efficiently as possible within the private sector. For endogenous risk, it creates a …
Persistent link: https://www.econbiz.de/10014075602
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Climate change risk, and human behavior : theory and evidenc
Dhami, Sanjit S.; Hajimoladarvish, Narges; Mamidi, Pavan - 2023 - This Version: October 2023
A group of decision makers simultaneously make contributions towards a green fund that reduces the future probability of a climate catastrophe. We derive the theoretical predictions of the effects on contributions arising from 'behavioral parameters' such as loss aversion and present-bias;...
Persistent link: https://www.econbiz.de/10014391321
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The Italian Position in the Energy and Climate Change Negotiations
Viviani, Carlo - 2011
to the risk of delocalization (carbon leakage) are described in detail, including background data not previously …
Persistent link: https://www.econbiz.de/10013131185
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'Offsetting' Crisis? - Climate Change Cap and Trade Need Not Contribute to Another Financial Meltdown
Flatt, Victor Byers - 2012
market problems. The most problematic of the instruments, offsets, can be designed to lessen financial risk from underlying …
Persistent link: https://www.econbiz.de/10013107537
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The Legislative Temperature for Climate Change
Flatt, Victor Byers - 2007
It is almost certain that the US Congress is going to pass some kind of comprehensive climate change legislation that in some fashion will have mandatory limits or costs for the production of Carbon Dioxide. How this legislation is constructed will have enormous impacts on the economy and the...
Persistent link: https://www.econbiz.de/10014222603
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To mitigate or to adapt? : collective action under asymmetries in vulnerability to losses
Blanco, Esther; Dutcher, E. Glenn; Haller, Tobias - 2014
Many policies addressing global climate change revolve around the implementation of mitigation and adaptation strategies. We experimentally examine subjects? choices in a climate change game where subjects are put into groups where they face a potential damage and have the choice to invest...
Persistent link: https://www.econbiz.de/10010422044
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Differentiated Responsibilities and Prosocial Behavior in Climate Change Mitigation : Behavioral Evidence from the United States and China
Kline, Reuben - 2016
The recent Paris agreement has increased optimism that climate change might be successfully mitigated through international agreement. However, the commitments of countries are unenforceable. Therefore domestic political will, including on the part of citizens to make regular sacrifices, will be...
Persistent link: https://www.econbiz.de/10012985346
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Equity Versus Warm Glow in Intergenerational Giving
Sadrieh, Abdolkarim - 2004
In different treatments of an intergenerational common resource experiment, monetary payoff maximization by each generation causes either negative or positive externalities for future generations. Two behavioral types have been observed previously in single generation games: equity motivated...
Persistent link: https://www.econbiz.de/10014071337
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Carbon pricing, carbon dividends and cooperation : experimental evidence
Bachler, Sebastian; Flecke, Sarah Lynn; Huber, Jürgen; … - 2023
Anthropogenic climate change is one of the most pressing global issues today and finding means of mitigation is of utmost importance. To this end, we investigate whether carbon taxes on their own and coupled with revenue recycling schemes (symmetric or asymmetric carbon dividends) improve...
Persistent link: https://www.econbiz.de/10014299585
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Inequality hinders group efforts to avoid environmental disasters
Brown, Thomas C.; Kroll, Stephan - In: Q open : a journal of agricultural, climate, … 1 (2021) 1, pp. 1-16
risk of loss among players affect the success of group efforts to avoid a common loss. We find that when the poor face … greater risk than the rich, contributions and success in reaching the threshold decrease with increasing inequality in funds … available. This occurs not because the poor do not make a greater effort when they face higher risk but rather because the rich …
Persistent link: https://www.econbiz.de/10013326557