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Many studies on household energy efficiency investments suggest that a wide range of seemingly profitable investments are not taken up. This paper provides novel evidence on the main factors behind consumer choices using the OECD Survey on Household Environmental Behaviour and Attitudes. The...
Persistent link: https://www.econbiz.de/10010464907
This essay is an introduction to a forthcoming special issue of the Journal of Consumer Policy, on Behavioural Economics, Environmental Policy and the Consumer. It emphasizes that consumer behavior can be greatly affected by the context, which may make it easy or difficult for people to make...
Persistent link: https://www.econbiz.de/10012973190
There has been a good deal of work on how policy interventions can encourage the development of new/improved innovations (induced innovation). There are, however, only limited and disparate contributions on how, if at all, policy interventions can encourage the greater use of existing...
Persistent link: https://www.econbiz.de/10014046843
Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our … approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human … substituting consumption for the quality of life. Our sustainability results carry over. As it should be expected, optimal …
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Based on Alibaba's renowned "green" initiative, the Ant Forest program, we develop a novel measure to reveal an individual investor's nonpecuniary green preference and link it to an individual's investment actions. We present compelling evidence that supports nonfinancial incentives for...
Persistent link: https://www.econbiz.de/10014519290