WAEA Keynote Address: Behavioral Environmental Economics: Money Pumps & Nudges
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 sum...
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Format: | Article |
Language: | English |
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Western Agricultural Economics Association
2012-12-01
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Series: | Journal of Agricultural and Resource Economics |
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Online Access: | https://ageconsearch.umn.edu/record/142349 |
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author | Jason F. Shogren |
author_facet | Jason F. Shogren |
author_sort | Jason F. Shogren |
collection | DOAJ |
description | 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. |
first_indexed | 2024-12-10T06:19:10Z |
format | Article |
id | doaj.art-02219f2d44da4402bf959c7932a7e8b3 |
institution | Directory Open Access Journal |
issn | 1068-5502 2327-8285 |
language | English |
last_indexed | 2024-12-10T06:19:10Z |
publishDate | 2012-12-01 |
publisher | Western Agricultural Economics Association |
record_format | Article |
series | Journal of Agricultural and Resource Economics |
spelling | doaj.art-02219f2d44da4402bf959c7932a7e8b32022-12-22T01:59:22ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82852012-12-0137334936010.22004/ag.econ.142349142349WAEA Keynote Address: Behavioral Environmental Economics: Money Pumps & NudgesJason F. ShogrenHerein 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.https://ageconsearch.umn.edu/record/142349behavioral economicsconflictcooperationincentivesmechanism designmoney pumpsnudges |
spellingShingle | Jason F. Shogren WAEA Keynote Address: Behavioral Environmental Economics: Money Pumps & Nudges Journal of Agricultural and Resource Economics behavioral economics conflict cooperation incentives mechanism design money pumps nudges |
title | WAEA Keynote Address: Behavioral Environmental Economics: Money Pumps & Nudges |
title_full | WAEA Keynote Address: Behavioral Environmental Economics: Money Pumps & Nudges |
title_fullStr | WAEA Keynote Address: Behavioral Environmental Economics: Money Pumps & Nudges |
title_full_unstemmed | WAEA Keynote Address: Behavioral Environmental Economics: Money Pumps & Nudges |
title_short | WAEA Keynote Address: Behavioral Environmental Economics: Money Pumps & Nudges |
title_sort | waea keynote address behavioral environmental economics money pumps nudges |
topic | behavioral economics conflict cooperation incentives mechanism design money pumps nudges |
url | https://ageconsearch.umn.edu/record/142349 |
work_keys_str_mv | AT jasonfshogren waeakeynoteaddressbehavioralenvironmentaleconomicsmoneypumpsnudges |