Carbon taxes are a prominent policy instrument for decreasing the consumption of CO2-intensive goods in order to reduce the negative external effects involved in the production or consumption of such goods. A tax leads to higher consumer prices, which typically lowers consumption. However, in...

Greenhouse gases generate impacts that can last longer than human civilization itself. Such persistence may affect the behavioral ability to cooperate. Here we study mitigation efforts within a framework that reflects key features of climate change and then contrasts a dynamic versus a static...

To study how different economic information affect people's perceptions and attitudes towards carbon prices, we conduct an online survey experiment in a representative sample of the German voting population. We find that providing information about the efficiency of carbon prices as well as on...

A growing literature suggests that carbon emissions are most efficiently reduced by carbon pricing. There are, however, three challenges that limit our understanding of market-based mechanisms: studies often (a) predict, rather than evaluate effects, (b) show large difference in findings, and...