WAEA Keynote Address Behavioral Environmental Economics: Money Pumps & Nudges

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Shogren, Jason F.;
(2012)
  • Subject: behavioral economics, conflict, cooperation, incentives, mechanism design, money pumps, nudges, Environmental Economics and Policy, Financial Economics,

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... View more
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