G2TT
来源类型Working Paper
规范类型论文
Climate Change in a Public Goods Game: Investment Decision in Mitigation versus Adaptation
Reviva Hasson; Åsa Lofgren; Martine Visser
发表日期2009-10-15
出版年2009
页码EfD DP 09-23
语种英语
摘要

We use behavioral and experimental economics to study a particular aspect of the economics of climate change: the potential tradeoff between countries’ investments in mitigation versus adaptation.While mitigation of greenhouse gases can be viewed as a public good, adaptation to climate change is a private good, benefiting only the country or the individual that invests in adaptation. We use a one-shot public-goods game that deviates from the standard public-goods game by introducing a stochastic term to account for probabilistic destruction in a climate-change setting. Probability density function is mapped to within-group levels of mitigation. We compare low-vulnerability and high-vulnerability treatments by varying the magnitude of disaster across treatments. Our results show that there is no significant difference in the level of mitigation across these treatments. Further, our results emphasize the important role of trust in enhancing cooperation.

主题Risk and Uncertainty ; Climate Change
子主题Risk Analysis ; Climate Adaptation
URLhttp://www.rff.org/research/publications/climate-change-public-goods-game-investment-decision-mitigation-versus
来源智库Resources for the Future (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/41027
推荐引用方式
GB/T 7714
Reviva Hasson,Åsa Lofgren,Martine Visser. Climate Change in a Public Goods Game: Investment Decision in Mitigation versus Adaptation. 2009.
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