Risk Perceptions, Voluntary Contributions and Environmental Policy

Johanna Etner, Meglena Jeleva () and Pierre-André Jouvet
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Meglena Jeleva: LEN-C3E et EUREQua

Cahiers de la Maison des Sciences Economiques from Université Panthéon-Sorbonne (Paris 1)

Abstract: This article study the impact of risk perception on environmental policy. The environmental quality is uncertain and can be improved by voluntary contributions. We introduce then an heterogeneity in individuals' risk perceptions. In this context, the social optimum can be decentralized by tax financed government subsidies to private provision. We distinguish the case of a government who represents perfectly agents' preferences from the case of a government with its own risk preferences. In the two cases, we show that neutrality still holds

Keywords: Risk perception; pessimism; optimism; environmental quality (search for similar items in EconPapers)
JEL-codes: D69 D89 H23 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2004-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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ftp://mse.univ-paris1.fr/pub/mse/cahiers2004/V04097.pdf (application/pdf)

Related works:
Journal Article: Risk perceptions, voluntary contributions and environmental policy (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:mse:wpsorb:v04097

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