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WAEA Keynote Address Behavioral Environmental Economics: Money Pumps & Nudges

journal contribution
posted on 01.12.2012, 00:00 by Jason F. Shogren
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.

History

ISSN

1068-5502

ISO

eng

Language

English

Publisher

University of Wyoming. Libraries

Journal title

JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS

Collection

Faculty Publications - Economics