| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Ambient-Based Policy Instruments: The Role of Recommendations and Presentation
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| Autores: |
Spraggon, John M.
Oxoby, Robert J.
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| Data: |
2010-06-07
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| Ano: |
2010
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| Palavras-chave: |
Ambient pollution instruments
Recommended play
Experiments
Environmental Economics and Policy
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| Resumo: |
We explore the effects of recommended play and the presentation of payoff information on behavior in an ambient-based policy instrument experiment. Specifically, we test the effects of recommended play (via a description of marginal decision making) and a payoff table on the behavior of individuals facing an ambient-based policy instrument. We find that recommended play and the presentation of a payoff table increases the use of the socially optimal strategy, thereby increasing efficiency. These results suggest that providing decision makers with a richer description of the decision making environment significantly reduces decision error, significantly improving the efficiency of ambient-based policy instruments.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/90832
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| Relação: |
Agricultural and Resource Economics Review>Volume 39, Number 2, April 2010
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| Formato: |
13
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