Behavioral economics and climate change policy

Gowdy, John M.

doi:10.1016/j.jebo.2008.06.011

Cited by 204 publications

(128 citation statements)

References 79 publications

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“…Meanwhile, firm behavioural theory was presented by Cryert and March (1963) which stated that organizations are adoptive systems, learning from both internal and external changes and demands, adjusting itself between external shocks and internal operating procedure, but more focusing on internal autonomy instead of external driving factors (Gavetti, Greve, Levinthal, & Ocasio, 2012;Duckjung Shin, 2014;Argote & M.Guo, 2016;Fang, Kim, & Milliken, 2014). Adaptation Theory further enlarged the dilemma and even developed a tension between economists and behaviourists because economists were focusing on rational based long-term benefits and organizational adjustment according to the wave of external situations and behaviourists were strict to follow organizational procedure, welcoming internal ideas and innovations following limited rational policy (Gowdy, 2008;Dosi & Marengo, 2007). Limited rational policy created four types ambiguities in organizational learning cycle.…”

Section: Literature Reviewmentioning

confidence: 99%

The Cognitive, Behavioral and Social Prospectives of Organizational Learning Through Information System

Turi¹,

Sorooshian²,

Mahmud³

et al. 2018

MOJEM

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This study set out to examine, cognitive, behavioural and social factors of learning theoretically and contemporarily with the moderating role of information system in the learning organization. Cognitive, social and behavioural theories were discussed and the use information system for organizational learning effectiveness was studied. Data was collected from the lecturers' employees working in the universities of Islamabad and Rawalpindi in Pakistan, using convenient sampling method and survey technique using questionnaire. Total of 113 Universities' lecturers from different faculties of the universities participated in the survey. Data was analysed with SPSS. The findings indicate that cognitive, social and behavioural organizational factors have significant impacts on organizational learning effectiveness with the moderating support of information system. The study recommends that for the holistic organizational learning development, all cognitive, social and behavioural aspects and factors needs to be addressed and developed.

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Section: Literature Reviewmentioning

confidence: 99%

The Cognitive, Behavioral and Social Prospectives of Organizational Learning Through Information System

Turi¹,

Sorooshian²,

Mahmud³

et al. 2018

MOJEM

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show abstract

“…This can have adverse effects. Several environmental scientists have proven (Gowdy, 2008;Norton, 2005;O'neill, 1993) when giving individuals shared accountability that are directly attractive to the sense of the common good, these could be more effective ways to gain acceptance to alleviate climate change and other environmental strategies.…”

Section: Acceptance Of Behavioural Changesmentioning

confidence: 99%

Identifying Effective Management Instruments and Human Behavioural Changes to Manage Energy Use and Abate Emissions at Firm Level

Almihoub¹,

Mula²,

Rahman³

2013

JSD

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Despite recent efforts to reduce the growth of greenhouse gas emissions (GHGs) at the national level, the negative environmental impacts of GHGs are likely to increase more in the future, especially at the level of the company. This paper presents an extension to current integrated management efforts with traditional assessments to improve current situations. The extension can be used to determine strategies of cost-effectiveness to control emissions and achieve environmental goals in reducing concentrations of GHGs. Methods developed to demonstrate significant cost savings in companies and sectors are command and control (CAC), and innovation; these instruments can contribute to the allocation of emission controls when market instruments do not fully work. To achieve further GHG emission reductions, improvements to behavioural change regarding the use of energy are an emerging area of research that has significant implications for policy. There is increasing evidence that human behaviour has been producing environmental problems. This paper introduces elements and interventions that could affect that behaviour. Governments and businesses have agreed that there is a need for more emphasis on proper assessment of behavioural change interventions. Therefore, increasing efficiency and reducing barriers within marginal abatement cost curves (MACCs) has improved the results for the management of abatement energy and emissions at firm level.

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“…Behavioral economics is particularly useful as an alternative basis for climate policy analysis, as it offers distinct views on decision-making under risk and uncertainty and in intertemporal settings. Few studies have so far addressed this issue (Gowdy 2008;Brekke and Johansson-Stenman 2008). We have summarized evidence here which indicates that climate policy as proposed might not work as efficiently and effectively as intended due to bounded rationality and other-regarding preferences.…”

Section: Implications For Climate Policymentioning

confidence: 99%

Environmental Policy Theory Given Bounded Rationality and Other-regarding Preferences

Gsottbauer

Bergh

2010

Environ Resource Econ

114

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Established environmental policy theory is based on the assumption of homo economicus. This means that people are seen as fully rational and acting in a self-regarding manner. In line with this, economics emphasizes efficient policy solutions and the associated advantages of price incentives. Behavioral economics offers alternative, more realistic views on individual behavior. In this paper we investigate opportunities to integrate bounded rationality and other-regarding preferences into environmental policy theory to arrive at recommendations for more effective policies. For this purpose, we will address decisions made under risk and uncertainty, intertemporal choice, decision heuristics, other-regarding preferences, heterogeneity, evolutionary selection of behaviors, and the role of happiness. Three aspects of environmental policy are considered in detail, namely sustainable consumption, environmental valuation and policy design. We pay special attention to the role of non-pecuniary, informative instruments and illustrate the implications for climate policy.

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Behavioral economics and climate change policy

Cited by 204 publications

References 79 publications

The Cognitive, Behavioral and Social Prospectives of Organizational Learning Through Information System

The Cognitive, Behavioral and Social Prospectives of Organizational Learning Through Information System

Identifying Effective Management Instruments and Human Behavioural Changes to Manage Energy Use and Abate Emissions at Firm Level

Environmental Policy Theory Given Bounded Rationality and Other-regarding Preferences

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