The Perception and Valuation of the Risks of Climate Change: A Rational and Behavioral Blend
Author
Abstract
Suggested Citation
Note: EH LE PE EEE
Download full text from publisher
Other versions of this item:
- Viscusi, W. Kip & Zeckhauser, Richard, 2005. "The Perception and Valuation of the Risks of Climate Change: A Rational and Behavioral Blend," Working Paper Series rwp05-062, Harvard University, John F. Kennedy School of Government.
References listed on IDEAS
- Israel Debra & Levinson Arik, 2004.
"Willingness to Pay for Environmental Quality: Testable Empirical Implications of the Growth and Environment Literature,"
The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 3(1), pages 1-29, February.
- Debra Israel & Arik Levinson, 2002. "Willingness to Pay for Environmental Quality: Testable Empirical Implications of the Growth and Environment Literature," Working Papers gueconwpa~02-02-09, Georgetown University, Department of Economics.
- Daniel Kahneman & Amos Tversky, 2013.
"Prospect Theory: An Analysis of Decision Under Risk,"
World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127,
World Scientific Publishing Co. Pte. Ltd..
- Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-291, March.
- Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
- David Laibson, 1997.
"Golden Eggs and Hyperbolic Discounting,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(2), pages 443-478.
- Laibson, David I., 1997. "Golden Eggs and Hyperbolic Discounting," Scholarly Articles 4481499, Harvard University Department of Economics.
- R. H. Strotz, 1955. "Myopia and Inconsistency in Dynamic Utility Maximization," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 23(3), pages 165-180.
- Joseph E. Aldy & Scott Barrett & Robert N. Stavins, 2003.
"Thirteen plus one: a comparison of global climate policy architectures,"
Climate Policy, Taylor & Francis Journals, vol. 3(4), pages 373-397, December.
- Joseph E. Aldy & Scott Barrett & Robert N. Stavins, 2003. "Thirteen Plus One: A Comparison of Global Climate Policy Architectures," Working Papers 2003.64, Fondazione Eni Enrico Mattei.
- Aldy, Joseph & Barrett, Scott & Stavins, Robert, 2003. "Thirteen Plus One: A Comparison of Global Climate Policy Architectures," Working Paper Series rwp03-012, Harvard University, John F. Kennedy School of Government.
- Kahneman, Daniel & Knetsch, Jack L., 1992. "Valuing public goods: The purchase of moral satisfaction," Journal of Environmental Economics and Management, Elsevier, vol. 22(1), pages 57-70, January.
- Richard B. Stewart & Jonathan B. Wiener, 2003. "Reconstructing Climate Policy," Books, American Enterprise Institute, number 53156, September.
- Kahneman, Daniel, 2002. "Maps of Bounded Rationality," Nobel Prize in Economics documents 2002-4, Nobel Prize Committee.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Onno J. Kuik & Barbara Bucher & Michela Catenacci & Etem Karakaya & Richard S.J. Tol, 2006. "Methodological aspects of recent climate change damage cost studies," Working Papers FNU-122, Research unit Sustainability and Global Change, Hamburg University, revised Dec 2006.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Joni Hersch & W. Kip Viscusi, 2005. "The Generational Divide in Support for Environmental Policies: European Evidence," NBER Working Papers 11859, National Bureau of Economic Research, Inc.
- Mario GRAZIANO & Daniele SCHILIRÒ, 2011.
"Rationality And Choices In Economics: Behavioral And Evolutionary Approaches,"
Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 2(2), pages 182-195.
- Graziano, Mario & Schilirò, Daniele, 2012. "Rationality and choices in economics: behavioral and evolutionary approaches," MPRA Paper 35971, University Library of Munich, Germany.
- Uri Ben-Zion & Jan Pieter Krahnen & TAL SHAVIT, 2007. "Subjective Evaluation Of Delayed Risky Outcomes: An Experimental Approach," Working Papers 0709, Ben-Gurion University of the Negev, Department of Economics.
- Maria Alessandra Antonelli & Valeria De Bonis & Angelo Castaldo & Alessandrao Gandolfo, 2022. "Sin goods taxation: an encompassing model," Public Finance Research Papers 52, Istituto di Economia e Finanza, DSGE, Sapienza University of Rome.
- Zachary Breig, 2020. "Prediction and Model Selection in Experiments," The Economic Record, The Economic Society of Australia, vol. 96(313), pages 153-176, June.
- Francesco Cerigioni, 2021.
"Dual Decision Processes: Retrieving Preferences When Some Choices Are Automatic,"
Journal of Political Economy, University of Chicago Press, vol. 129(6), pages 1667-1704.
- Francesco Cerigioni, 2016. "Dual Decision Processes: Retrieving Preferences when some Choices are Automatic," Working Papers 924, Barcelona School of Economics.
- Francesco Cerigioni, 2019. "Dual decision processes: retrieving preferences when some choices are automatic," Economics Working Papers 1673, Department of Economics and Business, Universitat Pompeu Fabra.
- Ali al-Nowaihi & Sanjit Dhami, 2018. "Foundations for Intertemporal Choice," CESifo Working Paper Series 6913, CESifo.
- David Laibson & Andrea Repetto & Jeremy Tobacman, 2005.
"Estimating Discount Functions with Consumption Choices over the Lifecycle,"
Levine's Bibliography
784828000000000643, UCLA Department of Economics.
- David Laibson & Andrea Repetto & Jeremy Tobacman, 2007. "Estimating Discount Functions with Consumption Choices over the Lifecycle," Documentos de Trabajo 236, Centro de Economía Aplicada, Universidad de Chile.
- David Laibson & Sean Chanwook Lee & Peter Maxted & Andrea Repetto & Jeremy Tobacman, 2007. "Estimating Discount Functions with Consumption Choices over the Lifecycle," NBER Working Papers 13314, National Bureau of Economic Research, Inc.
- Jeremy Tobacman & David Laibson & Andrea Repetto, 2007. "Estimating Discount Functions with Consumption Choices over the Lifecycle," Economics Series Working Papers 341, University of Oxford, Department of Economics.
- Richard H. Thaler, 2016. "Behavioral Economics: Past, Present, and Future," American Economic Review, American Economic Association, vol. 106(7), pages 1577-1600, July.
- Scholten, Marc & Read, Daniel, 2006. "Beyond discounting: the tradeoff model of intertemporal choice," LSE Research Online Documents on Economics 22710, London School of Economics and Political Science, LSE Library.
- Kazuhiro Miyagawa & Tadanobu Misawa & Tetsuya Shimokawa, 2011. "The role of the orbitofrontal cortex in human adaptive learning under strategic environments," Economics Bulletin, AccessEcon, vol. 31(3), pages 2284-2297.
- Han, Ruokang & Takahashi, Taiki, 2012. "Psychophysics of time perception and valuation in temporal discounting of gain and loss," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 391(24), pages 6568-6576.
- Groneck, Max & Ludwig, Alexander & Zimper, Alexander, 2024.
"Who saves more, the naive or the sophisticated agent?,"
Journal of Economic Theory, Elsevier, vol. 219(C).
- Ludwig, Alexander & Groneck, Max & Zimper, Alexander, 2021. "Who Saves More, the Naive or the Sophisticated Agent?," CEPR Discussion Papers 16412, C.E.P.R. Discussion Papers.
- Groneck, Max & Ludwig, Alexander & Zimper, Alexander, 2022. "Who saves more, the naive or the sophisticated agent?," SAFE Working Paper Series 169, Leibniz Institute for Financial Research SAFE, revised 2022.
- Brigitte C. Madrian, 2014.
"Applying Insights from Behavioral Economics to Policy Design,"
Annual Review of Economics, Annual Reviews, vol. 6(1), pages 663-688, August.
- Madrian, Brigitte, 2014. "Applying Insights from Behavioral Economics to Policy Design," Scholarly Articles 12582490, Harvard Kennedy School of Government.
- Brigitte C. Madrian, 2014. "Applying Insights from Behavioral Economics to Policy Design," NBER Working Papers 20318, National Bureau of Economic Research, Inc.
- Lisa A. Robinson & James K. Hammitt, 2013.
"Behavioral economics and the conduct of benefit–cost analysis: towards principles and standards,"
Chapters, in: Scott O. Farrow & Richard Zerbe, Jr. (ed.), Principles and Standards for Benefit–Cost Analysis, chapter 10, pages 317-363,
Edward Elgar Publishing.
- Robinson, Lisa A. & Hammitt, James K., 2011. "Behavioral Economics and the Conduct of Benefit-Cost Analysis: Towards Principles and Standards," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 2(2), pages 1-51, April.
- Robinson Lisa A & Hammitt James K., 2011. "Behavioral Economics and the Conduct of Benefit-Cost Analysis: Towards Principles and Standards," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(2), pages 1-51, April.
- Hammitt, James & Robinson, Lisa, 2010. "Behavioral Economics and the Conduct of Benefit-Cost Analysis: Towards Principles and Standards," LERNA Working Papers 11.02.336, LERNA, University of Toulouse.
- Hammitt, James K. & Robinson, Lisa A., 2010. "Behavioral Economics and the Conduct of Benefit-Cost Analysis: Towards Principles and Standards," TSE Working Papers 10-269, Toulouse School of Economics (TSE).
- Klaus Wälde, 2015.
"Stress and Coping - An Economic Approach,"
LIDAM Discussion Papers IRES
2015018, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Klaus Wälde, 2018. "Stress and Coping - An Economic Approach," CESifo Working Paper Series 6966, CESifo.
- Klaus Wälde, 2015. "Stress and Coping - An Economic Approach," Jena Economics Research Papers 2015-020, Friedrich-Schiller-University Jena.
- Klaus Wälde, 2015. "Stress and Coping - An Economic Approach," Working Papers 1514, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
- Wälde, Klaus & Scheuer, Niklas, 2018. "Stress and Coping: An Economic Approach," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181509, Verein für Socialpolitik / German Economic Association.
- Schilirò, Daniele, 2011. "Decisioni e razionalità in economia [Decisions and rationality in economics]," MPRA Paper 29477, University Library of Munich, Germany.
- Neszveda, G., 2019. "Essays on behavioral finance," Other publications TiSEM 05059039-5236-42a3-be1b-3, Tilburg University, School of Economics and Management.
- Alexander K. Koch & Julia Nafziger, 2011.
"Self‐regulation through Goal Setting,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 113(1), pages 212-227, March.
- Koch, Alexander K. & Nafziger, Julia, 2008. "Self-Regulation through Goal Setting," IZA Discussion Papers 3893, Institute of Labor Economics (IZA).
- Christine Jolls, 2007. "Behavioral Law and Economics," NBER Working Papers 12879, National Bureau of Economic Research, Inc.
More about this item
JEL classification:
- Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2006-01-01 (Energy Economics)
- NEP-ENV-2006-01-01 (Environmental Economics)
- NEP-PBE-2006-01-01 (Public Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:11863. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.