Bericht

Climate Change and Individual Behavior

Climate change poses large economic costs to governments and societies. Reducing individuals' CO2 footprints is central in mitigating climate change. In a new paper, we show that providing information on combating climate change motivates individuals to take costly actions to offset CO2 emissions. Presenting the information as the result of scientific research is as effective as framing it as the behaviour of other people. Individuals' responses vary depending on their socio-demographic characteristics and attitudes towards climate change. Furthermore, individuals choose information that aligns with their views. Individuals who actively gather information about climate change have a higher willingness to pay for carbon offsets.

Sprache
Englisch

Erschienen in
Series: SUERF Policy Brief ; No. 325

Klassifikation
Wirtschaft
Household Behavior: General
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Climate; Natural Disasters and Their Management; Global Warming
Thema
Climate change
information treatment
willingness to pay
information acquisition
CO2 compensation

Ereignis
Geistige Schöpfung
(wer)
Bernard, René
Tzamourani, Panagiota
Weber, Michael
Ereignis
Veröffentlichung
(wer)
SUERF - The European Money and Finance Forum
(wo)
Vienna, Austria
(wann)
2022

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Bernard, René
  • Tzamourani, Panagiota
  • Weber, Michael
  • SUERF - The European Money and Finance Forum

Entstanden

  • 2022

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