TY  - BOOK
AU  - Shefrin,Hersh
TI  - The behavioral economics and politics of global warming: unsettling behaviors 
T2  - Cambridge elements. Elements in quantitative finance,
SN  - 9781009454919 (ebook)
AV  - HB74.P8 S44 2023
U1  - 330.019 23
PY  - 2023///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Economics
KW  - Psychological aspects
KW  - Global warming
KW  - Economic aspects
KW  - Political aspects
N1  - Title from publisher's bibliographic system (viewed on 19 Oct 2023); Open Access
N2  - The main goal of this Element is to provide a psychological explanation for why actual global climate policy is so much at odds with the prescriptions of most neoclassical economists. To be sure, the behavioral approach does focus on why neoclassical models are often psychologically unrealistic. However, in this Element the author argues that the unrealistic elements are minor compared to the psychological pitfalls driving politically determined climate policy. Why this is the case is what the author describes as 'the big behavioral question.' More precisely, the big behavioral question asks why there is a huge gap between actual policy and even the weakest of the prescriptions in the range of plausible prescriptions coming from neoclassical economists' integrated assessment models. This title is also available as Open Access on Cambridge Core
UR  - https://doi.org/10.1017/9781009454919
ER  -