Climate Change: Behavioral Responses from Extreme Events and Delayed Damages

Ghidoni, Riccardo ; Calzolari, Giacomo ; Casari, Marco (2017) Climate Change: Behavioral Responses from Extreme Events and Delayed Damages. Bologna: Dipartimento di Scienze economiche DSE, p. 44. DOI 10.6092/unibo/amsacta/5548. In: Quaderni - Working Paper DSE (2002). ISSN 2282-6483.
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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.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Ghidoni, RiccardoTilburg University0000-0001-8269-8083
Calzolari, GiacomoUniversità di Bologna0000-0002-9679-2449
Casari, MarcoUniversità di Bologna0000-0003-2515-9352
Keywords
Social dilemma, Experiments, Greenhouse gas, Pollution
Subjects
ISSN
2282-6483
DOI
Deposit date
02 May 2017 12:16
Last modified
07 Jun 2017 09:57
URI

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