Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/177612
Authors: 
Ghidoni, Riccardo
Calzolari, Giacomo
Casari, Marco
Year of Publication: 
2017
Series/Report no.: 
Quaderni - Working Paper DSE 2002
Abstract: 
Understanding how to sustain cooperation in the climate change global dilemma is crucial to mitigate its harmful consequences. Damages from climate change typically occurs after long delays and can take the form of more frequent realizations of extreme and random events. These features generate a decoupling between emis- sions 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.
Subjects: 
Social dilemma
Experiments
Greenhouse gas
Pollution
JEL: 
C70 , C90 , D03 , Q54
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Working Paper

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