On the one hand, empirical evidence shows that in financial markets women seem to behave more risk averse than men. On the other hand there is experimental showing that in risky decisions controlled for opportunity sets only the context matters. In investment and insurance contexts with given...

On the one hand, empirical evidence shows that in financial markets women seem to behave more risk averse than men. On the other hand there is experimental showing that in risky decisions controlled for opportunity sets only the context matters. In investment and insurance contexts with given...

Carbon taxes are a prominent policy instrument for decreasing the consumption of CO2-intensive goods in order to reduce the negative external effects involved in the production or consumption of such goods. A tax leads to higher consumer prices, which typically lowers consumption. However, in...

The provision of feedback about individual electricity consumption is a widely used approach to promote pro-environmental behavior. This form of feedback typically invokes social comparisons by informing households about their aggregate electricity consumption relative to others. While previous...

Feedback interventions are considered a promising instrument to promoteenergy conservation among households and thus, to mitigate climate change. Need. However,it remains unclear whether their effectiveness can be increased by incentivizing thepursuit of energy-savings goals. In this paper, we...

We study the effect of repeated opportunities to behave pro-socially on aggregate pro-social behavior in two laboratory experiments and in field data on charitable giving. In the first experiment we show that two consecutive pro-social decisions (implemented as donations to a charity) lead to...