Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1038/s41893-020-0554-1 |
Pricing externalities and moral behaviour | |
Ockenfels, Axel1,2; Werner, Peter3; Edenhofer, Ottmar4,5 | |
2020-06-29 | |
发表期刊 | NATURE SUSTAINABILITY |
ISSN | 2398-9629 |
出版年 | 2020 |
文章类型 | Article;Early Access |
语种 | 英语 |
国家 | Germany; Netherlands |
英文摘要 | To measure how moral behaviour interacts with pricing regimes, we conduct highly controlled experiments in which trading creates pollution. We compare indirect pricing (here, a cap and trade mechanism) and direct pricing (a tax) in an otherwise equivalent setting in which 'producers' are incentivized to emit CO2. 'Judges' decide on central trading parameters that may restrict socially harmful activities. Profit maximization predicts the same producer behaviour in either setting in the absence of regulation, yet we find a substantial share of producers refraining from emitting CO(2)at all. Although judges restrict behaviour in similar ways across mechanisms, direct pricing more effectively accommodates moral behaviour than the quantity policy. Moral concerns matter for decisions in markets where activities generate negative externalities such as pollution emissions. With controlled experiments in which trading creates pollution, this study shows that a large portion of producers refrain from polluting even at the cost of forgoing profits. |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000544156000002 |
WOS关键词 | CLIMATE PROTECTION ; EMISSIONS ; CARBON ; MARKETS |
WOS类目 | Green & Sustainable Science & Technology ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Science & Technology - Other Topics ; Environmental Sciences & Ecology |
URL | 查看原文 |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/281793 |
专题 | 资源环境科学 |
作者单位 | 1.Univ Cologne, Ctr Social & Econ Behav C SEB, Cologne, Germany; 2.Univ Cologne, Dept Econ, Cologne, Germany; 3.Maastricht Univ, Sch Business & Econ, Dept Microecon & Publ Econ, Maastricht, Netherlands; 4.Potsdam Inst Climate Impact Res PIK, Mercator Res Inst Global Commons & Climate Change, Berlin, Germany; 5.Tech Univ Berlin TU Berlin, Berlin, Germany |
推荐引用方式 GB/T 7714 | Ockenfels, Axel,Werner, Peter,Edenhofer, Ottmar. Pricing externalities and moral behaviour[J]. NATURE SUSTAINABILITY,2020. |
APA | Ockenfels, Axel,Werner, Peter,&Edenhofer, Ottmar.(2020).Pricing externalities and moral behaviour.NATURE SUSTAINABILITY. |
MLA | Ockenfels, Axel,et al."Pricing externalities and moral behaviour".NATURE SUSTAINABILITY (2020). |
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