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来源类型 | Working Papers |
规范类型 | 论文 |
来源ID | WP-2017-011 |
The Behavioral Effect of Pigovian Regulation: Evidence from a Field Experiment | |
Bruno Lanz; Jules-Daniel Wurlod; Luca Panzone; and Timothy Swanson | |
发表日期 | 2017-06 |
出版年 | 2017 |
语种 | 英语 |
摘要 | Pigovian regulation provides monetary penalties/rewards to incentivize prosocial behavior, and may thereby trigger behavioral effects beyond a more standard response associated with a change in relative prices. This paper quantifies the magnitude of these behavioral effects using data from an experiment on real product choices together with a structural model of consumer behavior. First, we show that information about external effects (products’ embodied carbon emissions) triggers voluntary substitution towards cleaner alternatives, and we estimate that this effect is equivalent to a change in relative prices of GBP30.69-165.15/tCO2. Second, comparing a Pigovian intervention (GBP19/tCO2) with a neutrally-framed price change of the same magnitude, we find a negative behavioral effect associated with regulation. Compensating this bias would require increasing the Pigovian price signal by up to 48.06/tCO2. Finally, based on a cross-product comparison, we show that the magnitude of behavioral effects declines with substitutability between clean and dirty product alternatives, a measure of effort to reduce emissions. |
关键词 | Externalities Pigovian regulation Consumer behavior Information Field experiments Environmental policy |
URL | http://ceepr.mit.edu/publications/working-papers/664 |
来源智库 | Center for Energy and Environmental Policy Research (United States) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/172816 |
推荐引用方式 GB/T 7714 | Bruno Lanz,Jules-Daniel Wurlod,Luca Panzone,et al. The Behavioral Effect of Pigovian Regulation: Evidence from a Field Experiment. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
2017-011.pdf(1967KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
2017-011-Brief.pdf(2225KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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