Climate Change: Behavioral Responses from Extreme Events and Delayed Damages

Riccardo Ghidoni, Giacomo Calzolari () and Marco Casari

Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna

Abstract: Understanding how to sustain cooperation in the climate change global dilemma is crucial to mitigate its harmful consequences. Damages from climate change typically occurs after long delays and can take the form of more frequent realizations of extreme and random events. These features generate a decoupling between emissions and their damages, which we study through a laboratory experiment. We find that some decision-makers respond to global emissions, as expected, while others respond to realized damages also when emissions are observable. On balance, the presence of delayed/stochastic consequences did not impair cooperation. However, we observed a worrisome increasing trend of emissions when damages hit with delay.

JEL-codes: C70 C90 D03 Q54 (search for similar items in EconPapers)
Date: 2017-05
New Economics Papers: this item is included in nep-env and nep-exp
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://amsacta.unibo.it/5548/1/WP2002.pdf (application/pdf)

Related works:
Journal Article: Climate change: Behavioral responses from extreme events and delayed damages (2017)
Working Paper: Climate Change: Behavioral Responses from Extreme Events and Delayed Damages (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bol:bodewp:wp2002

Access Statistics for this paper

More papers in Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna Contact information at EDIRC.
Bibliographic data for series maintained by Dipartimento Scienze Economiche, Universita' di Bologna ().