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This paper studies the causal effect of providing information about climate change on individuals' willingness to pay to offset carbon emissions in a randomized control trial. Receiving truthful information about ways to reduce CO2 emissions increases individuals' willingness to pay for CO2...
Persistent link: https://www.econbiz.de/10013326470
Persistent link: https://www.econbiz.de/10011282852
This paper establishes an economic theory of information value and volume that differs from Shannon's mathematical … theory of communication (Shannon, 1948). The economics of information should be recognized as an important frontier field of …
Persistent link: https://www.econbiz.de/10011760843
The Paris Agreement aims at limiting the global average temperature increase to well below 2°C above preindustrial levels. A key component of the agreement are "nationally determined contributions" (NDC). For this, non-state actors such as civil society groups, economic actors, and subnational...
Persistent link: https://www.econbiz.de/10013341910
The 2011 Great East Japan Earthquake hereafter, 'the Earthquake' and the accident involving radiation leakage at Tokyo Electric Power Company fs Fukushima Nuclear Power Plant No. 1 hereafter, 'NPP No. 1' brought fame to Fukushima Prefecture but not in a positive way. In general, economic damage...
Persistent link: https://www.econbiz.de/10011482386
The subjective value of time is the marginal rate of substitution between travel time and travel cost under constant utility or profit level. It is commonly referred to as the monetary appraisal of value of time or the willingness to pay for savings in travel time. This study proposes methods to...
Persistent link: https://www.econbiz.de/10011495659
This paper proposes the consistent method with general equilibrium models to measure use value and non-use value of large-scale change in environmental quality. First, we develop a general equilibrium model that parameters of the utility function with environmental quality as a dependent...
Persistent link: https://www.econbiz.de/10011490618
Based on the international agreements after the Kyoto Protocol, some projects to reduce the greenhouse gas emission have been promoted even in Japan. Therefore, policies such as various regulations and introduction of the environmental tax have been discussed, so people will be asked for big...
Persistent link: https://www.econbiz.de/10011492991
Personal information is essential in an information-oriented society for societal development and as a valuable business resource. However, because of poor management and a lack of proper protection, leakage of personal information can take place over time, and the standard for compensation is...
Persistent link: https://www.econbiz.de/10011445901
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