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Solar energy utilization has evolved tremendously in many countries to compete with conventional energy sources due to abundant availability, ongoing module price declines, and efficiency gains. Besides these advantages, most solar power plants continue to underperform due to various technical...
Persistent link: https://www.econbiz.de/10014563019
Bangladesh has tremendous development potential across a wide range of socioeconomic sectors. Over the past decade, its energy and power sectors have grown consistently. However, the unexpected outbreak of COVID-19 threatens the continuation of progress. To successfully overcome and comply with...
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Understanding how people behave in strategic settings–where they make decisions based on their expectations about the behavior of others–is a longstanding problem in the behavioral sciences. We conduct the largest study to date of strategic decision-making in the context of initial play in...
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This paper studies temporal-distance effects on individual and social risks, testing Construal Level Theory. We elicit WTPs for risky and ambiguous lotteries and vary the timing (immediately vs. in two weeks) when the uncertainty is resolved. Subjects have lower WTPs for longshots than for safer...
Persistent link: https://www.econbiz.de/10014551454