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Can climate shocks make vulnerable subjects more willing to take risks?

Holden, Stein Terje; Tilahun, Mesfin - 2023

While economists in the past tended to assume that individual preferences, including risk preferences, are stable over … time, a recent literature has developed and indicates that risk preferences respond to shocks. This paper utilizes a … natural experiment with covariate (drought) and idiosyncratic shocks in combination with an independent field risk experiment …

Persistent link: https://www.econbiz.de/10013502559

Rules vs. Targets : Climate Treaties Under Uncertainty

Gersbach, Hans; Oberpriller, Quirin - 2012

We demonstrate the advantages of a climate treaty based solely on rules for international permit markets when there is uncertainty about abatement costs and environmental damages. Such a ‘Rules Treaty’ comprises a scaling factor and a refunding rule. Each signatory can freely choose the...

Persistent link: https://www.econbiz.de/10014041072

Valuing meteorological services in resource-constrained settings : application to smallholder farmers in the Peruvian Altiplano

Brausmann, Alexandra; Flubacher, Moritz; Lechthaler, Filippo - 2019

year, depending on the forecast accuracy and agents' risk aversion. In a last step, using the observational data from the …

Persistent link: https://www.econbiz.de/10012053352

Valuing meteorological services in resource-constrained settings: Application to smallholder farmers in the Peruvian Altiplano

Brausmann, Alexandra; Flubacher, Moritz; Lechthaler, Filippo - 2019

year, depending on the forecast accuracy and agents' risk aversion. In a last step, using the observational data from the …

Persistent link: https://www.econbiz.de/10012140956

Nudging when the descriptive norm is low : evidence from a carbon offsetting field experiment

Carattini, Stefano; Blasch, Julia - 2020

Nudges and behavioral interventions have become a popular tool to stimulate prosocial behavior. Little is known, however, on how to design effective social interventions in contexts in which the descriptive norm is low, i.e. when a desirable behavior is only practiced by a minority within the...

Persistent link: https://www.econbiz.de/10012270407

Giving in a large economy : price vs. non-price effects in a field experiment

Diederich, Johannes; Goeschl, Timo - 2011

We conduct a large-scale field experiment with 2,440 subjects in which we exogenously vary the price of contributing to the closest empirical counterpart of an infinitely large public good, climate change mitigation. We find that the price effect is robust and negative, but quantitatively weak,...

Persistent link: https://www.econbiz.de/10009152952

Nudging When the Descriptive Norm Is Low: Evidence from a Carbon Offsetting Field Experiment

Carattini, Stefano; Blasch, Julia - 2020

Persistent link: https://www.econbiz.de/10012314829

Nudging When the Descriptive Norm is Low : Evidence from a Carbon Offsetting Field Experiment

Carattini, Stefano - 2020

Persistent link: https://www.econbiz.de/10012823556

Crowding-in, crowding-out and over-crowding: The interaction between price and quantity based instruments and intrinsic motivation

Perino, Grischa; Panzone, Luca A.; Swanson, Timothy - School of Economics, University of East Anglia - 2011

We conduct a field experiment involving real purchasing decisions in a large supermarket chain to test the effect of different regulatory interventions aiming to induce a more climateâ€friendly diet on intrinsic motivation. Focusing on shoppers who prefer the dirty variety, we compare...

Persistent link: https://www.econbiz.de/10010854411

Insurance demand under ambiguity and conflict for extreme risks: Evidence from a large representative survey.

Dupont-Courtade, Théodora - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2012

under risk than under ambiguity (embracing here imprecision and conflict), revealing that people consider ambiguous …This paper investigates how the general public behaves when confronted with low probability events and ambiguity in an … that aims at separating attitudes toward risk, imprecision and conflict and at determining if there is a demand for …

Persistent link: https://www.econbiz.de/10010711859