Automatically Green: Behavioral Economics and Environmental Protection

Automatically Green: Behavioral Economics and Environmental Protection

Careful attention to choice architecture promises to open up new possibilities for environmental protection — possibilities that may be more effective than the standard tools of economic incentives, mandates, and bans. How, for example, do consumers choose between environmentally friendly products or services and alternatives that are potentially damaging to the environment but less expensive? ...

On Behavioral-Environmental Economics

Traditional environmental and resource economics uses rational choice theory to guide theevaluation of alternative policy options to correct market failure. Behavioral economics,however, has challenged this conventional mindset by showing how people frequently makechoices and state values that deviate from the presumption of rationality, i.e., behavioralfailures. This article ex...

Environmental and Behavioral Economics - Applications to China

............................................................................................................... iAcknowledgements ................................................................................................ iiiSummary of the thesis ............................................................................................. viiiReferences............................

WAEA Keynote Address Behavioral Environmental Economics: Money Pumps & Nudges

For the last twenty-five years I have worked on understanding the behavioral underpinnings of environmental policy. My work has explored how institutions, incentives, and nature interact, with the goal of finding tools to help provide environmental protection at lower cost. The research revolves around a Rule of One: one rational person can move society toward predicted market equilibria; one i...

Behavioral Economics Introduction: Definitions and Naming Problems in Behavioral Economics