Arbeitspapier

Climate Change and Psychological Adaptation: A Behavioral Environmental Economics Approach

Economic models of climate policy (or policies to combat other environmental problems) typically neglect psychological adaptation to changing life circumstances. People may adapt or become more sensitive, to different degrees, to a deteriorated environment. The present paper addresses these issues in a simple model of tax policy to combat climate change and elaborates on the consequences for optimal climate policies and argues from a normative point of view that psychological adaptation needs to be taken into account by a pure welfarist government, which aims at internalizing an intertemporal externality.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 4795

Klassifikation
Wirtschaft
Allocative Efficiency; Cost-Benefit Analysis
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Taxation and Subsidies: Efficiency; Optimal Taxation
Thema
behavioral environmental economics
climate change
intertemporal externalities
adaptation
sensitization
taxation

Ereignis
Geistige Schöpfung
(wer)
Aronsson, Thomas
Schöb, Ronnie
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2014

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

  • Arbeitspapier

Beteiligte

  • Aronsson, Thomas
  • Schöb, Ronnie
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2014

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