Abstract
Behavioral economics can gain more in-roads into environmental economics if we better understand why exchange institutions fail, more effectively reduce health risks and environmental conflicts, encourage more coordination and cooperation, design better incentive systems, more accurately estimate economic measures of value, and promote more protection at less cost. Behavioral economics deserves two cheers for advancing ideas of context-dependence and social preferences, which we illustrate with two examples of recent research. © 2010 Springer Science+Business Media B.V.
Original language | English |
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Pages (from-to) | 235-247 |
Number of pages | 12 |
Journal | Environmental and Resource Economics |
Volume | 46 |
Issue number | 2 |
DOIs | |
Publication status | Published - Jun 2010 |