Information manipulation and climate agreements
It appears that news media and some pro-environmental organizations have the tendency to accentuate or even exaggerate the damage caused by climate change. This article provides a rationale for this tendency by using a modified International Environmental Agreement (IEA) model with asymmetric inform...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Journal Article |
| Language: | English |
| Published: |
2015
|
| Subjects: | |
| Online Access: | https://hdl.handle.net/10356/79490 http://hdl.handle.net/10220/25015 |
| _version_ | 1811679207608025088 |
|---|---|
| author | Hong, Fuhai Zhao, Xiaojian |
| author2 | School of Humanities and Social Sciences |
| author_facet | School of Humanities and Social Sciences Hong, Fuhai Zhao, Xiaojian |
| author_sort | Hong, Fuhai |
| collection | NTU |
| description | It appears that news media and some pro-environmental organizations have the tendency to accentuate or even exaggerate the damage caused by climate change. This article provides a rationale for this tendency by using a modified International Environmental Agreement (IEA) model with asymmetric information. We find that the information manipulation has an instrumental value, as it ex post induces more countries to participate in an IEA, which will eventually enhance global welfare. From the ex ante perspective, however, the impact that manipulating information has on the level of participation in an IEA and on welfare is ambiguous. |
| first_indexed | 2024-10-01T03:05:29Z |
| format | Journal Article |
| id | ntu-10356/79490 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T03:05:29Z |
| publishDate | 2015 |
| record_format | dspace |
| spelling | ntu-10356/794902020-03-07T12:10:37Z Information manipulation and climate agreements Hong, Fuhai Zhao, Xiaojian School of Humanities and Social Sciences DRNTU::Social sciences::Journalism It appears that news media and some pro-environmental organizations have the tendency to accentuate or even exaggerate the damage caused by climate change. This article provides a rationale for this tendency by using a modified International Environmental Agreement (IEA) model with asymmetric information. We find that the information manipulation has an instrumental value, as it ex post induces more countries to participate in an IEA, which will eventually enhance global welfare. From the ex ante perspective, however, the impact that manipulating information has on the level of participation in an IEA and on welfare is ambiguous. Published version 2015-02-03T09:16:34Z 2019-12-06T13:26:36Z 2015-02-03T09:16:34Z 2019-12-06T13:26:36Z 2014 2014 Journal Article Hong, F., & Zhao, X. (2014). Information manipulation and climate agreements. American journal of agricultural economics, 96(3), 851-861. https://hdl.handle.net/10356/79490 http://hdl.handle.net/10220/25015 10.1093/ajae/aau001 en American journal of agricultural economics © 2014 The Author. This paper was published in American Journal of Agricultural Economics and is made available as an electronic reprint (preprint) with permission of Oxford University Press on behalf of the Agricultural and Applied Economics Association. The paper can be found at the following official DOI: [http://dx.doi.org/10.1093/ajae/aau001]. One print or electronic copy may be made for personal use only. Systematic or multiple reproduction, distribution to multiple locations via electronic or other means, duplication of any material in this paper for a fee or for commercial purposes, or modification of the content of the paper is prohibited and is subject to penalties under law. application/pdf |
| spellingShingle | DRNTU::Social sciences::Journalism Hong, Fuhai Zhao, Xiaojian Information manipulation and climate agreements |
| title | Information manipulation and climate agreements |
| title_full | Information manipulation and climate agreements |
| title_fullStr | Information manipulation and climate agreements |
| title_full_unstemmed | Information manipulation and climate agreements |
| title_short | Information manipulation and climate agreements |
| title_sort | information manipulation and climate agreements |
| topic | DRNTU::Social sciences::Journalism |
| url | https://hdl.handle.net/10356/79490 http://hdl.handle.net/10220/25015 |
| work_keys_str_mv | AT hongfuhai informationmanipulationandclimateagreements AT zhaoxiaojian informationmanipulationandclimateagreements |