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The Behavioral Economics of Climate Change

The Behavioral Economics of Climate Change
Adaptation Behaviors, Global Public Goods, Breakthrough Technologies, and Policy-Making

by S. Niggol Seo

  • Publisher : Academic Press
  • Release : 2017-07-03
  • Pages : 278
  • ISBN : 012811875X
  • Language : En, Es, Fr & De
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The Behavioral Economics of Climate Change: Adaptation, Global Public Goods, Breakthrough Technologies, and Policy-Making shows readers how to understand mitigation strategies emerging from global warming policy discussions and the ways that changing climate conditions can alter these strategies. Through quantitative analyses, case studies and policy examples, this bottom-up approach to climate change economics gives readers the tools to create effective responses to global warming. This self-contained book on the topic covers key scientific and economic subjects in an applied, innovative and immediately relevant fashion. Unravels individual behaviors and national policies about global warming by evaluating their evolving motives and incentives Provides an economic analysis of the ways individuals makes decisions when faced with climate change Details a full range of alternative economic and policy responses, placing them in an integrated conceptual and policy framework

Behavioural Economics of Climate Change

Behavioural Economics of Climate Change
New Empirical Perspectives

by Vladimir Udalov

  • Publisher : Springer
  • Release : 2019-03-05
  • Pages : 90
  • ISBN : 9783030035310
  • Language : En, Es, Fr & De
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This book investigates various kinds of climate change mitigation behaviour, which range from a general support of environmental policy to concrete energy-saving activities, in selected countries. Drawing on extensive national and international survey data, the analysis has the following main objectives: to identify potential determinants of individuals’ renewable energy support, and to analyse the impact of experiences with natural disasters on individuals’ choice between economic growth and environmental protection. Moreover, it examines the role of environmental motivations behind direct daily energy-saving behaviour. The empirical results reveal that various types of climate change mitigation behaviour are not only driven by a mixture of environmental and non-environmental/economic motivations but also depend on external circumstances such as natural disasters. Since CO2 emission dynamics stem to some extent from the choices people make every day in their roles as consumers, investors and citizens, the new findings presented are also valuable from a policy perspective.

Micro-Behavioral Economics of Global Warming

Micro-Behavioral Economics of Global Warming
Modeling Adaptation Strategies in Agricultural and Natural Resource Enterprises

by S. Niggol Seo

  • Publisher : Springer
  • Release : 2015-03-30
  • Pages : 102
  • ISBN : 3319159461
  • Language : En, Es, Fr & De
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This book presents a foundation for studying the micro-behavioral economics of global warming. The author develops an empirical model, named the Geographically-scaled Micro econometric model of Adapting Portfolios (G-MAP) in response to climatic changes and risks. The G-MAP model is applied to observed decisions of agricultural and natural resource enterprises in Sub-Saharan Africa and South America. The author describes the five applications of the model: the G-MAP animal species, the G-MAP agricultural systems, the G-MAP natural resource enterprises, the G-MAP climate risk, and the G-MAP public adaptations. The micro-behavioral economics of global warming and the G-MAP models are evaluated against the three alternative modeling traditions: The first is the Agro-Economic Models (AEM) based on crop simulations of selected crops under elevated CO2 conditions; The second is a family of econometric studies of grain yield changes caused by yearly weather fluctuations; The third is the Agro-Ecological Zone (AEZ) method hinged crucially on the AEZ classifications of ecosystems. The author offers a refreshing look at the traditional economics of global warming, unraveling a broad array of adaptation strategies adopted by managers of agricultural and natural resource enterprises in Sub-Saharan Africa and South America. The book demonstrates that the micro-behavioral economics dynamically integrates multiple disciplines in a cohesive way - including economics, psychology, climate science, ecosystem studies, agronomy and animal science - into the decision-making framework of an individual agent. The G-MAP models provide a guide map of adaptation strategies for the humanity’s enduring journey of battling global climatic changes in this century and beyond.

New Perspectives for Environmental Policies Through Behavioral Economics

New Perspectives for Environmental Policies Through Behavioral Economics
A Book

by Frank Beckenbach,Walter Kahlenborn

  • Publisher : Springer
  • Release : 2015-09-25
  • Pages : 335
  • ISBN : 3319167936
  • Language : En, Es, Fr & De
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This book presents essential insights on environmental policy derived from behavioral economics. The authors demonstrate the potential of behavioral economics to drive environmental protection and to generate concrete proposals for the efficient design of policy instruments. Moreover, detailed recommendations on how to use “nudges” and related instruments to move industry and society toward a sustainable course are presented. This book addresses the needs of environmental economists, behavioral economists and environmental policymakers, as well as all readers interested in the intersection between behavioral economics and environmental policy.

Exam Prep for: The Behavioral Economics of Climate Change

Exam Prep for: The Behavioral Economics of Climate Change
A Book

by Anonim

  • Publisher : Unknown Publisher
  • Release : 2021
  • Pages : 329
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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The Economics of Globally Shared and Public Goods

The Economics of Globally Shared and Public Goods
A Book

by S. Niggol Seo

  • Publisher : Academic Press
  • Release : 2020-07-02
  • Pages : 334
  • ISBN : 0128198761
  • Language : En, Es, Fr & De
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The Economics of Globally Shared and Public Goods responds to an urgent need to consolidate and refine the economic theories and explanations pertinent to globally shared resources. Making a clear distinction between theories and empirical models, it elucidates the problem of global public goods while incorporating insights from behavioral economics. Its comprehensive and technical review of existing theoretical models and their empirical results illuminate those models in practical applications. Relevant for economists and others working on challenges of globally shared goods such as climate change and global catastrophes, The Economics of Globally Shared and Public Goods provides a path toward greater co-operation and shared successes. Offers an encompassing description of the economics of global public goods Provides an ensemble of empirical analyses of behavioral complexities Defines a set of optimality conditions for a solution applicable to many problems

Handbook of Behavioural Economics and Smart Decision-Making

Handbook of Behavioural Economics and Smart Decision-Making
Rational Decision-Making within the Bounds of Reason

by Morris Altman

  • Publisher : Edward Elgar Publishing
  • Release : 2017-05-26
  • Pages : 616
  • ISBN : 1782549595
  • Language : En, Es, Fr & De
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This Handbook is a unique and original contribution of over thirty chapters on behavioural economics, examining and addressing an important stream of research where the starting assumption is that decision-makers are for the most part relatively smart or rational. This particular approach is in contrast to a theme running through much contemporary work where individuals’ behaviour is deemed irrational, biased, and error-prone, often due to how people are hardwired. In the smart people approach, where errors or biases occur and when social dilemmas arise, more often than not, improving the decision-making environment can repair these problems without hijacking or manipulating the preferences of decision-makers. This book covers a wide-range of themes from micro to macro, including various sub-disciplines within economics such as economic psychology, heuristics, fast and slow-thinking, neuroeconomics, experiments, the capabilities approach, institutional economics, methodology, nudging, ethics, and public policy.

Economic Evaluation of Climate Change Impacts

Economic Evaluation of Climate Change Impacts
Development of a Cross-Sectoral Framework and Results for Austria

by Karl W. Steininger,Martin König,Birgit Bednar-Friedl,Lukas Kranzl,Wolfgang Loibl,Franz Prettenthaler

  • Publisher : Springer
  • Release : 2015-02-26
  • Pages : 468
  • ISBN : 3319124579
  • Language : En, Es, Fr & De
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This volume deals with the multifaceted and interdependent impacts of climate change on society from the perspective of a broad set of disciplines. The main objective of the book is to assess public and private cost of climate change as far as quantifiable, while taking into account the high degree of uncertainty. It offers new insights for the economic assessment of a broad range of climate change impact chains at a national scale. The framework presented in the book allows consistent evaluation including mutual interdependencies and macroeconomic feedback. This book develops a toolbox that can be used across the many areas of climate impact and applies it to one particular country: Austria.

Behavioral Economics for Tourism

Behavioral Economics for Tourism
Perspectives on Business and Policy in the Travel Industry

by Milena S. Nikolova

  • Publisher : Academic Press
  • Release : 2020-09-24
  • Pages : 278
  • ISBN : 0128138122
  • Language : En, Es, Fr & De
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Behavioral Economics for Tourism applies behavioral perspectives to business and policy challenges in the tourism industry. The book enables professionals and early career researchers to succeed by focusing on market and consumer trends, technological advancements, and the modern tourist. It covers the transformation of purchasing decisions, tourism hosting dynamics, digital mediation and disintermediation of tourism organizations, service design, and planning policy considerations. The volume concludes with case studies illustrating successful and unsuccessful behavioral tactics and strategies for tourism businesses and organizations. Provides behavioral profiling of the digitally-informed, mobile, self-managed tourist Allows the tourism industry to better understand tourists, both cognitively and emotionally Supports business success, technology development and sustainability in the tourism industry Features case studies on behavioral tactics and strategies for use in tourism

The Economics of Climate Change

The Economics of Climate Change
The Stern Review

by Nicholas Stern,Nicholas Herbert Stern,Great Britain. Treasury

  • Publisher : Cambridge University Press
  • Release : 2007-01-04
  • Pages : 692
  • ISBN : 0521700809
  • Language : En, Es, Fr & De
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Independent, rigorous and comprehensive analysis of the economic aspects of climate change.

The Economics and Politics of Climate Change

The Economics and Politics of Climate Change
A Book

by Dieter Helm

  • Publisher : Oxford University Press
  • Release : 2009-10-29
  • Pages : 538
  • ISBN : 019957328X
  • Language : En, Es, Fr & De
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The volume brings together leading climate change policy experts to set out the economic analysis and the nature of the negotiations at the United Nations Climate Change Conference in Copenhagen and beyond.

Save More Tomorrow

Save More Tomorrow
Practical Behavioral Finance Solutions to Improve 401(k) Plans

by Shlomo Benartzi

  • Publisher : Penguin
  • Release : 2012-04-12
  • Pages : 288
  • ISBN : 110158033X
  • Language : En, Es, Fr & De
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One of the world’s top experts in behavioral finance offers innovative strategies for improving 401(k) plans. Half of Americans do not have access to a retirement saving plan at their workplace. Of those who do about a third fail to join. And those who do join tend to save too little and often make unwise investment decisions. In short, the 401(k) world is in crisis, and workers need help. Save More Tomorrow provides that help by focusing on the behavioral challenges that led to this crisis inertia, limited self-control, loss aversion, and myopia—and transforms them into behavioral solutions. These solutions, or tools, are based on cutting edge behavioral finance research and they can dramatically improve outcomes by, for example, helping employees: -Save, even if they aren’t ready to do so now, by using future enrollment. -Save more by showing them images of their future selves. -Save smarter by reshuffling the order of funds on the investment menu. Save More Tomorrow is the first comprehensive application of behavioral finance to improve retirement outcomes. It also makes it easy for plan sponsors and their advisers to apply these behavioral tools using its innovative Behavioral Audit process.

A Question of Balance

A Question of Balance
Weighing the Options on Global Warming Policies

by William Nordhaus

  • Publisher : Yale University Press
  • Release : 2014-10
  • Pages : 234
  • ISBN : 0300209398
  • Language : En, Es, Fr & De
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How economic analysis can help us design economic policies to address the looming challenges of global warming As scientific and observational evidence on global warming piles up every day, questions of economic policy in this central environmental topic have taken center stage. But as author and prominent Yale economist William Nordhaus observes, the issues involved in understanding global warming and slowing its harmful effects are complex and cross disciplinary boundaries. For example, ecologists see global warming as a threat to ecosystems, utilities as a debit to their balance sheets, and farmers as a hazard to their livelihoods. In this important work, William Nordhaus integrates the entire spectrum of economic and scientific research to weigh the costs of reducing emissions against the benefits of reducing the long-run damages from global warming. The book offers one of the most extensive analyses of the economic and environmental dynamics of greenhouse-gas emissions and climate change and provides the tools to evaluate alternative approaches to slowing global warming. The author emphasizes the need to establish effective mechanisms, such as carbon taxes, to harness markets and harmonize the efforts of different countries. This book not only will shape discussion of one the world's most pressing problems but will provide the rationales and methods for achieving widespread agreement on our next best move in alleviating global warming.

Policy and Choice

Policy and Choice
Public Finance Through the Lens of Behavioral Economics

by William J. Congdon,Jeffrey R. Kling,Sendhil Mullainathan

  • Publisher : Brookings Institution Press
  • Release : 2011
  • Pages : 247
  • ISBN : 0815704984
  • Language : En, Es, Fr & De
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Argues that public finance--the study of the government's role in economics--should incorporate principles from behavior economics and other branches of psychology.

The Oxford Handbook of Climate Change and Society

The Oxford Handbook of Climate Change and Society
A Book

by John S. Dryzek,Richard B. Norgaard,David Schlosberg

  • Publisher : Oxford University Press
  • Release : 2011-08-18
  • Pages : 727
  • ISBN : 0199566607
  • Language : En, Es, Fr & De
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A systematic examination by the best writers in a variety of fields working on issues of how climate change affects society, and how social, economic, and political systems can, do, and should respond.

The Purpose of Business

The Purpose of Business
Contemporary Perspectives from Different Walks of Life

by Albert Erisman,David Gautschi

  • Publisher : Springer
  • Release : 2015-10-07
  • Pages : 280
  • ISBN : 1137503246
  • Language : En, Es, Fr & De
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Business is a vital institution for a flourishing society, but there is mounting concern about its role in distorting wealth distribution, enabling and rewarding unethical behaviour, and despoiling the natural environment. A Consortium was formed in 2009 under the leadership of David Gautschi to bring together academics, business people, and interested members of society from around the world to discuss two questions: what is the purpose of business, and what is the role of the business school in the academy? Consortium Fellows gathered in eight sessions over five years from 29 countries to discuss, debate, and share perspectives on these questions. The Purpose of Business is an edited collection drawing from the perspectives of these sessions, with contributors from North America, South America, Europe, and Asia bringing culturally and intellectually diverse perspectives on these critical questions. This multifaceted work offers an exploration of business in relation to religion, art, neuroscience, geopolitics, energy, and beyond to inspire a better understanding of the role of business in the 21st century interconnected world.

The Oxford Handbook of Behavioral Economics and the Law

The Oxford Handbook of Behavioral Economics and the Law
A Book

by Eyal Zamir,Doron Teichman

  • Publisher : Oxford University Press, USA
  • Release : 2014
  • Pages : 824
  • ISBN : 0199945470
  • Language : En, Es, Fr & De
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The past twenty years have witnessed a surge in behavioral studies of law and law-related issues. These studies have challenged the application of the rational-choice model to legal analysis and introduced a more accurate and empirically grounded model of human behavior. This integration of economics, psychology, and law is breaking exciting new ground in legal theory and the social sciences, shedding a new light on age-old legal questions as well as cutting edge policy issues. The Oxford Handbook of Behavioral Economics and Law brings together leading scholars of law, psychology, and economics to provide an up-to-date and comprehensive analysis of this field of research, including its strengths and limitations as well as a forecast of its future development. Its 29 chapters organized in four parts. The first part provides a general overview of behavioral economics. The second part comprises four chapters introducing and criticizing the contribution of behavioral economics to legal theory. The third part discusses specific behavioral phenomena, their ramifications for legal policymaking, and their reflection in extant law. Finally, the fourth part analyzes the contribution of behavioral economics to fifteen legal spheres ranging from core doctrinal areas such as contracts, torts and property to areas such as taxation and antitrust policy.

Advances in Behavioral Economics

Advances in Behavioral Economics
A Book

by Colin F. Camerer,George Loewenstein,Matthew Rabin

  • Publisher : Princeton University Press
  • Release : 2011-12-12
  • Pages : 768
  • ISBN : 9781400829118
  • Language : En, Es, Fr & De
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Twenty years ago, behavioral economics did not exist as a field. Most economists were deeply skeptical--even antagonistic--toward the idea of importing insights from psychology into their field. Today, behavioral economics has become virtually mainstream. It is well represented in prominent journals and top economics departments, and behavioral economists, including several contributors to this volume, have garnered some of the most prestigious awards in the profession. This book assembles the most important papers on behavioral economics published since around 1990. Among the 25 articles are many that update and extend earlier foundational contributions, as well as cutting-edge papers that break new theoretical and empirical ground. Advances in Behavioral Economics will serve as the definitive one-volume resource for those who want to familiarize themselves with the new field or keep up-to-date with the latest developments. It will not only be a core text for students, but will be consulted widely by professional economists, as well as psychologists and social scientists with an interest in how behavioral insights are being applied in economics. The articles, which follow Colin Camerer and George Loewenstein's introduction, are by the editors, George A. Akerlof, Linda Babcock, Shlomo Benartzi, Vincent P. Crawford, Peter Diamond, Ernst Fehr, Robert H. Frank, Shane Frederick, Simon Gächter, David Genesove, Itzhak Gilboa, Uri Gneezy, Robert M. Hutchens, Daniel Kahneman, Jack L. Knetsch, David Laibson, Christopher Mayer, Terrance Odean, Ted O'Donoghue, Aldo Rustichini, David Schmeidler, Klaus M. Schmidt, Eldar Shafir, Hersh M. Shefrin, Chris Starmer, Richard H. Thaler, Amos Tversky, and Janet L. Yellen.

Insurance and Behavioral Economics

Insurance and Behavioral Economics
Improving Decisions in the Most Misunderstood Industry

by Howard C. Kunreuther,Mark V. Pauly,Stacey McMorrow

  • Publisher : Cambridge University Press
  • Release : 2013-01-28
  • Pages : 338
  • ISBN : 0521845726
  • Language : En, Es, Fr & De
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This book examines the behavior of individuals at risk and insurance industry policy makers involved in selling, buying and regulation.

Under the Influence

Under the Influence
Putting Peer Pressure to Work

by Robert H. Frank

  • Publisher : Princeton University Press
  • Release : 2020-01-28
  • Pages : 312
  • ISBN : 0691198829
  • Language : En, Es, Fr & De
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From New York Times bestselling author and economics columnist Robert Frank, bold new ideas for creating environments that promise a brighter future Psychologists have long understood that social environments profoundly shape our behavior, sometimes for the better, often for the worse. But social influence is a two-way street—our environments are themselves products of our behavior. Under the Influence explains how to unlock the latent power of social context. It reveals how our environments encourage smoking, bullying, tax cheating, sexual predation, problem drinking, and wasteful energy use. We are building bigger houses, driving heavier cars, and engaging in a host of other activities that threaten the planet—mainly because that's what friends and neighbors do. In the wake of the hottest years on record, only robust measures to curb greenhouse gases promise relief from more frequent and intense storms, droughts, flooding, wildfires, and famines. Robert Frank describes how the strongest predictor of our willingness to support climate-friendly policies, install solar panels, or buy an electric car is the number of people we know who have already done so. In the face of stakes that could not be higher, the book explains how we could redirect trillions of dollars annually in support of carbon-free energy sources, all without requiring painful sacrifices from anyone. Most of us would agree that we need to take responsibility for our own choices, but with more supportive social environments, each of us is more likely to make choices that benefit everyone. Under the Influence shows how.