Status quo bias and public policy: evidence in the context of carbon mitigation

This article examines whether individuals’ preferences for government policy are affected by status quo bias. We designed a contingent valuation survey that asks respondents directly about their willingness to pay (WTP) for their state to be a part of a regional carbon mitigation policy. The survey...

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Bibliographic Details
Main Authors: Corey Lang, Michael Weir, Shanna Pearson-Merkowitz
Format: Article
Language:English
Published: IOP Publishing 2021-01-01
Series:Environmental Research Letters
Subjects:
Online Access:https://doi.org/10.1088/1748-9326/abeeb0