Climate change: Behavioral responses from extreme events and delayed damages

A-Tier
Journal: Energy Economics
Year: 2017
Volume: 68
Issue: S1
Pages: 103-115

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Understanding how to sustain cooperation in the climate change global dilemma is crucial to mitigate its harmful consequences. Damages from climate change typically occur 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.

Technical Details

RePEc Handle
repec:eee:eneeco:v:68:y:2017:i:s1:p:103-115
Journal Field
Energy
Author Count
3
Added to Database
2026-01-25