Publication:
Psychology and Behavioral Economics Lessons for the Design of a Green Growth Strategy

Simple item page
dc.contributor.authorWeber, Elke U.
dc.contributor.authorJohnson, Eric J.
dc.date.accessioned2013-01-03T22:25:25Z
dc.date.available2013-01-03T22:25:25Z
dc.date.issued2012-10
dc.description.abstractA green growth agenda requires policy makers, from local to supranational levels, to examine and influence behavior that impacts economic, social, and environmental outcomes on multiple scales. Behavioral and social change, in addition or conjunction with technological change, is thus a crucial component of any green growth strategy. A better understanding of how and why people consume, preserve, or exploit resources or otherwise make choices that collectively impact the environment has important and far-reaching consequences for the predictive accuracy of more sophisticated models, both of future states of the world and of the likely impact of different growth strategies and potential risk management strategies. The prevailing characterization of human decision making in policy circles is a rational economic one. Reliance on the assumptions of rational choice excludes from consideration a wide range of factors that affect how people make decisions and therefore need to be considered in predictions of human reactions to environmental conditions or proposed policy initiatives. In addition, a more complete and more fully descriptive understanding of decision processes provide powerful tools for policy design that complement legal or economic instruments or may lead to more effective implementation of such policy instruments.en
dc.identifierhttp://documents.worldbank.org/curated/en/2012/10/16840415/psychology-behavioral-economics-lessons-design-green-growth-strategy
dc.identifier.doi10.1596/1813-9450-6240
dc.identifier.urihttps://hdl.handle.net/10986/12072
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6240
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectADVERSE CONSEQUENCES
dc.subjectAGRICULTURE
dc.subjectAIR POLLUTION
dc.subjectAIR QUALITY
dc.subjectALLOCATION
dc.subjectBEHAVIORS
dc.subjectBELIEFS
dc.subjectBONDS
dc.subjectBOUNDED RATIONALITY
dc.subjectCALCULATION
dc.subjectCAPACITY BUILDING
dc.subjectCARBON
dc.subjectCARBON FOOTPRINT
dc.subjectCARBON OFFSET
dc.subjectCARBON TAX
dc.subjectCLEAN AIR
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATE VARIABILITY
dc.subjectCLIMATOLOGY
dc.subjectCLOUDS
dc.subjectCO
dc.subjectCO2
dc.subjectCOAL
dc.subjectCOMBUSTION
dc.subjectCOMPLEXITY
dc.subjectCONCEPTUAL FRAMEWORK
dc.subjectCONSUMERS
dc.subjectCOST-BENEFIT
dc.subjectCROP INSURANCE
dc.subjectCULTURAL NORMS
dc.subjectDAMAGES
dc.subjectDECISION MAKING
dc.subjectDECISION-MAKING
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPMENT POLICY
dc.subjectDISCOUNT RATE
dc.subjectDISCOUNT RATES
dc.subjectDISCUSSIONS
dc.subjectDISTRIBUTIONAL IMPLICATIONS
dc.subjectDNA
dc.subjectDOMAINS
dc.subjectDROUGHT
dc.subjectDUMPS
dc.subjectECOLOGY
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC IMPACTS
dc.subjectECONOMIC INSTRUMENTS
dc.subjectECONOMIC MODEL
dc.subjectECONOMIC MODELS
dc.subjectECONOMICS
dc.subjectELECTRICITY
dc.subjectEMISSION
dc.subjectEMISSION REDUCTION
dc.subjectEMISSIONS
dc.subjectEMPIRICAL RESEARCH
dc.subjectENERGY CONSUMPTION
dc.subjectENERGY SAVINGS
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL CONSERVATION
dc.subjectENVIRONMENTAL DECISIONS
dc.subjectENVIRONMENTAL GOODS
dc.subjectENVIRONMENTAL IMPACTS
dc.subjectENVIRONMENTAL PROBLEMS
dc.subjectENVIRONMENTS
dc.subjectEXPECTED UTILITY
dc.subjectEXPECTED VALUE
dc.subjectEXPLOITATION
dc.subjectEXPLORATION
dc.subjectFINANCIAL COSTS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFLOOD INSURANCE
dc.subjectFLOODS
dc.subjectFORESTRY
dc.subjectFOSSIL FUELS
dc.subjectFUTURE CONSUMPTION
dc.subjectGAS
dc.subjectGLOBAL WARMING
dc.subjectGNP
dc.subjectGROSS NATIONAL PRODUCT
dc.subjectGROUP LEVEL
dc.subjectGROWTH POLICIES
dc.subjectGROWTH POLICY
dc.subjectGROWTH STRATEGIES
dc.subjectHAZARDOUS WASTE
dc.subjectHIERARCHICAL STRUCTURE
dc.subjectHUMAN BEHAVIOR
dc.subjectHUMAN BRAIN
dc.subjectHUNTER-GATHERERS
dc.subjectHURRICANE
dc.subjectIDEAS
dc.subjectINFERENCE
dc.subjectINFORMATION PROCESSING
dc.subjectINNOVATION
dc.subjectINNOVATIONS
dc.subjectINSIGHTS
dc.subjectINSTRUCTION
dc.subjectINSTRUCTOR
dc.subjectINSURANCE
dc.subjectINSURANCE POLICY
dc.subjectINSURANCE PREMIUM
dc.subjectINVESTMENT DECISIONS
dc.subjectLEADING
dc.subjectLEARNING
dc.subjectLIVING CONDITIONS
dc.subjectLOGIC
dc.subjectLOTTERIES
dc.subjectMEMORY
dc.subjectMENTAL MODELS
dc.subjectMETRICS
dc.subjectNATURAL RESOURCES
dc.subjectNEGATIVE IMPACT
dc.subjectNUCLEAR POWER
dc.subjectNUTRIENTS
dc.subjectOCEANS
dc.subjectOIL
dc.subjectOPTIMIZATION
dc.subjectOPTIMIZATION MODELS
dc.subjectPERSONAL RELATIONSHIPS
dc.subjectPHYSICS
dc.subjectPOLICY DECISIONS
dc.subjectPOLICY INSTRUMENTS
dc.subjectPOLICY MAKERS
dc.subjectPORTFOLIO
dc.subjectPOWER GENERATION
dc.subjectPRECAUTIONARY APPROACH
dc.subjectPRECAUTIONARY PRINCIPLE
dc.subjectPRICE INCREASES
dc.subjectPROBABILITY DISTRIBUTIONS
dc.subjectPROBLEM SOLVING
dc.subjectPRODUCTIVITY
dc.subjectPROFESSIONAL ORGANIZATIONS
dc.subjectPROSPECT THEORY
dc.subjectPURCHASE PRICE
dc.subjectRADIATION
dc.subjectRADON
dc.subjectRAINFALL
dc.subjectRESOURCE CONSERVATION
dc.subjectRISK AVERSION
dc.subjectRISK MANAGEMENT
dc.subjectSIDE EFFECTS
dc.subjectSOCIAL FACTORS
dc.subjectSOCIAL IDENTITY
dc.subjectSOCIAL VALUES
dc.subjectSOURCES OF INFORMATION
dc.subjectSUBSTRATES
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectSUSTAINABLE GROWTH
dc.subjectSUSTAINABLE USE
dc.subjectTAXONOMIES
dc.subjectTECHNOLOGICAL CHANGE
dc.subjectTECHNOLOGICAL RISKS
dc.subjectTRADEOFFS
dc.subjectUNCERTAINTIES
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATES
dc.subjectUTILITY FUNCTION
dc.subjectUTILITY MAXIMIZATION
dc.subjectUTILITY THEORY
dc.subjectVALUATION
dc.subjectWEALTH
dc.subjectWILLINGNESS TO PAY
dc.subjectWISDOM
dc.subjectWORLD ECONOMY
dc.titlePsychology and Behavioral Economics Lessons for the Design of a Green Growth Strategyen
dspace.entity.typePublication
okr.crosscuttingsolutionareaClimate Change
okr.crossref.titlePsychology and Behavioral Economics Lessons for the Design of a Green Growth Strategy
okr.date.disclosure2010-10-01
okr.date.doiregistration2025-04-10T12:14:46.533865Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2012/10/16840415/psychology-behavioral-economics-lessons-design-green-growth-strategy
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEducation
okr.globalpracticeEnvironment and Natural Resources
okr.guid747971468157507040
okr.identifier.doi10.1596/1813-9450-6240
okr.identifier.externaldocumentum000158349_20121017141002
okr.identifier.internaldocumentum16840415
okr.identifier.reportWPS6240
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/10/17/000158349_20121017141002/Rendered/PDF/wps6240.pdfen
okr.topicEducation::Knowledge for Development
okr.topicEconomic Theory and Research
okr.topicMacroeconomics and Economic Growth::Climate Change Economics
okr.topicEnvironment::Climate Change Mitigation and Green House Gases
okr.topicEnvironmental Economics and Policies
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
wps6240.pdf
Size:
477.74 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
wps6240.txt
Size:
145.62 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers