International carbon markets are frequently propagated as an efficient instrument for reducing CO2 emissions. We argue that such markets, despite their desirable efficiency properties, might not be in the best…
How much information should governments reveal to consumers if consumption choices have uninternalized consequences to society? How does an alternative tax policy compare to information disclosure? We develop a…
In Anbetracht einer bisher nur begrenzt wirksamen gesellschaftlichen Umweltvorsorge wird das Konzept „Krise“ als wissenschaftliche Perspektive untersucht. Dazu erfolgt zum einen eine Systematisierung…
In this paper, we investigate whether dynamic incentive schemes lead to a ratchet effect in a social dilemma. We test whether subjects strategically restrict their contribution levels at the beginning of a…
