Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/319884 
Erscheinungsjahr: 
2025
Schriftenreihe/Nr.: 
BERG Working Paper Series No. 206
Verlag: 
Bamberg University, Bamberg Economic Research Group (BERG), Bamberg
Zusammenfassung: 
Although consumers often care about environmental quality, limited attention impairs consumers' perception of environmental quality. Environmental awards and labels make environmental quality salient and attract consumers' attention. We analyze how awards and labels affect firms' investments in environmental quality and social welfare. We show that, with an award, both firms invest in environmental quality; with a label, only one firm invests. Under awards, investments depend positively on salience. Under labels, investments depend non-monotonically on salience. A welfare-maximizing social planner prefers awards over labels if and only if marginal damage and salience are sufficiently high such that consumers overestimate the environmental quality of the goods.
Schlagwörter: 
awards
environmental quality
labels
limited attention
salience
JEL: 
D91
L13
L15
Q52
Q58
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
796.8 kB





Publikationen in EconStor sind urheberrechtlich geschützt.