Die Verfasser untersuchten mit einem Investitionsexperiment, ob sich das Investitionsverhalten bei gleichbleibenden Bedingungen durch das Framing - der Beschreibung einer Investitionsmöglichkeit in die ökologische beziehungsweise konventionelle Wirtschaftsweise - verändert. Als Ergebnis war...

The discount rate is of great importance for all decisions in an intertemporal context, such as the decision of how much a society invests in environmental preservation, or the financial decisionmaking on the individual level. This study experimentally investigates the time preferences of...

To date, studies dealing with the impact assessment of changing irrigation policies predominately rely on normative rational choice models that are subject to rather restrictive assumptions such as profit-maximizing behavior. However, there is increasing evidence that decision makers pursue...