Nuclear waste in my backyard: social acceptance and economic incentives

Petyo Bonev (), Rony Emmenegger (), Laura Forero (), Kaloyan Ganev, Ralitsa Simeonova-Ganeva () and Magnus Soederberg ()
Authors registered in the RePEc Author Service: Ралица Симеонова-Ганева

No 2215, Economics Working Paper Series from University of St. Gallen, School of Economics and Political Science

Abstract: This paper studies the social acceptance of nuclear energy and nuclear waste. Using a randomized choice experiment, we find that the prospects of a nearby nuclear waste repository reduce the acceptance of nuclear power. This result indicates the the Not-In-My-Backyard problem is partially driven by free-riding: individuals willing to accept the advantages of nuclear energy but not willing to internalize the associated cost. We also find that economic incentives decrease free riding and potentially help solve the Not-In-My-Backyard problem.

Keywords: environmental policy; nuclear power; nuclear waste; NIMBY; crowding intrinsic motivation (search for similar items in EconPapers)
JEL-codes: C91 D71 D72 Q53 Q58 R53 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2022-11
New Economics Papers: this item is included in nep-ene, nep-env and nep-exp
References: View references in EconPapers View complete reference list from CitEc
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http://ux-tauri.unisg.ch/RePEc/usg/econwp/EWP-2215.pdf (application/pdf)

Related works:
Journal Article: Nuclear waste in my backyard: Social acceptance and economic incentives (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:usg:econwp:2022:15

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