Social psychology and environmental economics: a new look at ex ante corrections of biased preference evaluation

Nicolas Jacquemet (), Alexander James, Stéphane Luchini () and Jason Shogren
Additional contact information
Stéphane Luchini: GREQAM-CNRS, https://www.amse-aixmarseille.fr/fr

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

Abstract: Environmental economics is now a long standing field of research; much has been learned on how environmental policy can use incentives to drive individual behaviors. Among the many examples, preference elicitation is the most discussed case in which incentives fail to accurately implement efficient behavior. Using this as our motivating example, herein we explore the cross-fertilization between environmental economics and social psychology. We first review how the lessons drawn from social psychology helped address the hypothetical bias issue. We then turn to the future of this process by focusing on how cheap talk scripts influence preference elicitation. Our experimental results shows CT scripts work through persuasion – i.e. changes mind, but poorly changes actions. in that sense, preference elicitation still lacks a way of making communication binding – i.e. a way to alter intrinsic motivation of subjects to behave truthfully

Keywords: Social psychology; commitment; persuasive communication; preference elicitation (search for similar items in EconPapers)
JEL-codes: C9 H4 Q5 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2010-02
New Economics Papers: this item is included in nep-cbe, nep-env and nep-exp
References: Add references at CitEc
Citations: View citations in EconPapers (8)

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http://mse.univ-paris1.fr/pub/mse/CES2010/10016.pdf (application/pdf)

Related works:
Journal Article: Social Psychology and Environmental Economics: A New Look at ex ante Corrections of Biased Preference Evaluation (2011)
Working Paper: Social psychology and environmental economics: a new look at ex ante corrections of biased preference evaluation (2011)
Working Paper: Social psychology and environmental economics: a new look at ex ante corrections of biased preference evaluation (2011)
Working Paper: Social psychology and environmental economics: a new look at ex ante corrections of biased preference evaluation (2011)
Working Paper: Social psychology and environmental economics: a new look at ex ante corrections of biased preference evaluation (2010)
Working Paper: Social psychology and environmental economics: a new look at ex ante corrections of biased preference evaluation (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:10016

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