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WAEA Keynote Address Behavioral Environmental Economics: Money Pumps & Nudges
- Source :
- Journal of Agricultural and Resource Economics, Vol 37, Iss 3, Pp 349-360 (2012)
- Publication Year :
- 2021
- Publisher :
- University of Wyoming, 2021.
-
Abstract
- Herein we explore how money pumps from rational choice theory and nudges from behavioral economics work toward helping create better environmental policy. We examine the role of money pumps in environmental policy, and whether policymakers can use nudges to "supercharge" incentives. We summarize insight that has emerged from both camps in the areas of conflict/cooperation and mechanism design.
- Subjects :
- incentives
conflict
lcsh:S
cooperation
behavioral economics
mechanism design
nudges
Financial Economics
behavioral economics, conflict, cooperation, incentives, mechanism design, money pumps, nudges, Environmental Economics and Policy, Financial Economics
lcsh:Agriculture
FOS: Economics and business
money pumps
Environmental Economics and Policy
140207 Financial Economics
Subjects
Details
- Database :
- OpenAIRE
- Journal :
- Journal of Agricultural and Resource Economics, Vol 37, Iss 3, Pp 349-360 (2012)
- Accession number :
- edsair.doi.dedup.....2f2cbb3068b7e3c6d1eb21447bd885dc
- Full Text :
- https://doi.org/10.15786/13678972