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In this paper, we investigate the real demand for climate protection when the purely individual perspective of existing revealed preference studies is relaxed. This is achieved in two treatments; first, we determine the information subjects receive about the demand revealed by other subjects in...
Persistent link: https://www.econbiz.de/10009704255
In this experiment, we investigate determinants of the individual demand for voluntary climate change mitigation … demand for voluntary climate change mitigation. In case of the individual decision situation this bias is caused solely by …
Persistent link: https://www.econbiz.de/10013018077
change mitigation responds negatively to larger contributions by others whereas social norm theory maintains that one's own … perceived to engage in mitigation, individuals' willingness to engage in mitigation themselves is lower the more other … actual percentage of others perceived to engage in mitigation is lower than the estimated threshold (30 to 56 percent) in a …
Persistent link: https://www.econbiz.de/10012617420
change mitigation as a global public good. More generally, in contrast to the individual-focused MFs (that apply to all … individuals), the group-focused MFs are of little direct relevance for climate change mitigation, as the benefit from mitigation …
Persistent link: https://www.econbiz.de/10012098232
This paper studies the interplay between climate, health, and the economy in a stylized world with four heterogeneous regions, labeled 'West' (cold and rich), 'China' (cold and poor), 'India' (warm and poor), and 'Africa' (warm and very poor). We introduce health impacts into a simple integrated...
Persistent link: https://www.econbiz.de/10010332438
Climate is a persistent asset, bar none: changes in climate-related stocks have consequences spanning over centuries or possibly millennia to the future. To reconcile the discounting of such far-distant impacts and realism of the shorter-term decisions, we consider hyperbolic time-preferences in...
Persistent link: https://www.econbiz.de/10010283621
This paper studies the interplay between climate, health, and the economy in a stylized world with four heterogeneous regions, labeled ‘West’ (cold and rich), ‘China’ (cold and poor), ‘India’ (warm and poor), and ‘Africa’ (warm and very poor). We introduce health impacts into a...
Persistent link: https://www.econbiz.de/10003996958
Climate is a persistent asset, bar none: changes in climate-related stocks have consequences spanning over centuries or possibly millennia to the future. To reconcile the discounting of such far-distant impacts and realism of the shorter-term decisions, we consider hyperbolic time-preferences in...
Persistent link: https://www.econbiz.de/10009570590
We examine the distributional and efficiency impacts of climate policy in the context of fiscal consolidation in a dynamic general-equilibrium overlapping generations model of the US economy. The model includes a disaggregated production structure, including energy sector detail and advanced...
Persistent link: https://www.econbiz.de/10010337844
This paper studies the causal effect of providing information about climate changeon individuals’ willingness to pay to offset carbon emissions in a randomizedcontrol trial. Receiving truthful information about ways to reduce CO2 emis-sions increases individuals’ willingness to pay for CO2...
Persistent link: https://www.econbiz.de/10012821798