Weber, Elke U.Johnson, Eric J.2013-01-032013-01-032012-10https://hdl.handle.net/10986/12072A 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-USCC BY 3.0 IGOADVERSE CONSEQUENCESAGRICULTUREAIR POLLUTIONAIR QUALITYALLOCATIONBEHAVIORSBELIEFSBONDSBOUNDED RATIONALITYCALCULATIONCAPACITY BUILDINGCARBONCARBON FOOTPRINTCARBON OFFSETCARBON TAXCLEAN AIRCLIMATECLIMATE CHANGECLIMATE VARIABILITYCLIMATOLOGYCLOUDSCOCO2COALCOMBUSTIONCOMPLEXITYCONCEPTUAL FRAMEWORKCONSUMERSCOST-BENEFITCROP INSURANCECULTURAL NORMSDAMAGESDECISION MAKINGDECISION-MAKINGDEVELOPED COUNTRIESDEVELOPMENT POLICYDISCOUNT RATEDISCOUNT RATESDISCUSSIONSDISTRIBUTIONAL IMPLICATIONSDNADOMAINSDROUGHTDUMPSECOLOGYECONOMIC ANALYSISECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMIC IMPACTSECONOMIC INSTRUMENTSECONOMIC MODELECONOMIC MODELSECONOMICSELECTRICITYEMISSIONEMISSION REDUCTIONEMISSIONSEMPIRICAL RESEARCHENERGY CONSUMPTIONENERGY SAVINGSENVIRONMENTALENVIRONMENTAL CONSERVATIONENVIRONMENTAL DECISIONSENVIRONMENTAL GOODSENVIRONMENTAL IMPACTSENVIRONMENTAL PROBLEMSENVIRONMENTSEXPECTED UTILITYEXPECTED VALUEEXPLOITATIONEXPLORATIONFINANCIAL COSTSFINANCIAL INSTITUTIONSFLOOD INSURANCEFLOODSFORESTRYFOSSIL FUELSFUTURE CONSUMPTIONGASGLOBAL WARMINGGNPGROSS NATIONAL PRODUCTGROUP LEVELGROWTH POLICIESGROWTH POLICYGROWTH STRATEGIESHAZARDOUS WASTEHIERARCHICAL STRUCTUREHUMAN BEHAVIORHUMAN BRAINHUNTER-GATHERERSHURRICANEIDEASINFERENCEINFORMATION PROCESSINGINNOVATIONINNOVATIONSINSIGHTSINSTRUCTIONINSTRUCTORINSURANCEINSURANCE POLICYINSURANCE PREMIUMINVESTMENT DECISIONSLEADINGLEARNINGLIVING CONDITIONSLOGICLOTTERIESMEMORYMENTAL MODELSMETRICSNATURAL RESOURCESNEGATIVE IMPACTNUCLEAR POWERNUTRIENTSOCEANSOILOPTIMIZATIONOPTIMIZATION MODELSPERSONAL RELATIONSHIPSPHYSICSPOLICY DECISIONSPOLICY INSTRUMENTSPOLICY MAKERSPORTFOLIOPOWER GENERATIONPRECAUTIONARY APPROACHPRECAUTIONARY PRINCIPLEPRICE INCREASESPROBABILITY DISTRIBUTIONSPROBLEM SOLVINGPRODUCTIVITYPROFESSIONAL ORGANIZATIONSPROSPECT THEORYPURCHASE PRICERADIATIONRADONRAINFALLRESOURCE CONSERVATIONRISK AVERSIONRISK MANAGEMENTSIDE EFFECTSSOCIAL FACTORSSOCIAL IDENTITYSOCIAL VALUESSOURCES OF INFORMATIONSUBSTRATESSUSTAINABLE DEVELOPMENTSUSTAINABLE GROWTHSUSTAINABLE USETAXONOMIESTECHNOLOGICAL CHANGETECHNOLOGICAL RISKSTRADEOFFSUNCERTAINTIESUNEMPLOYMENTUNEMPLOYMENT RATESUTILITY FUNCTIONUTILITY MAXIMIZATIONUTILITY THEORYVALUATIONWEALTHWILLINGNESS TO PAYWISDOMWORLD ECONOMYWorld Bank10.1596/1813-9450-6240