behavioral economics Archives

behavioral economics

Every Day I’m Hustling, Or: What To Do For Earth Day?

Environmental Voter Project’s Election Engagement Is The Best Way To Celebrate The Day

What to do for Earth Day? For me, the answer is obvious: send 2,000 text messages. That is neither as difficult nor as ridiculous as it sounds. I do it most days, actually. For the last several weeks I have been volunteering with the Environmental Voter Project, to me one of the most interesting and …

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Do the Poor Undervalue the Environment?

The Emerging Sub-Field of “Envirodevonomics” Seeks to Find Out

It’s hardly news that environmental quality in the Global South is often disastrous. Even middle income countries such as China and India face enormous pollution problems and destruction of ecosystems. But why? Do people in the Global South not care? Or is something else going on? A new paper in the Journal of Economic Literature …

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Can Behavioral Economics Be Saved?

Statistical Manipulation Has Led To Embarrassing Results, But the Field Is Working Hard to Maintain Integrity

You might think that’s a funny question, because it is all the rage now in academia. Last month’s Harvard Law Review featured an article by Ryan Bubb & Richard Pildes arguing that behavioral economics does not go far enough. But an article in this month’s Pacific Standard by Jerry Adler reveals a growing problem with …

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The Talmud and the Endowment Effect

The endowment effect is one of the most important aspects of behavioral economics. It postulates that losing something is worse than gaining something is good. One can easily see it applied to various aspects of property law: it is worse to lose a piece of property that you think is yours than to gain a …

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Mayor Bloomberg and the Granny State, or: When is a Soda Ban Not a Ban?

Yes, that’s right: granny state, not — as conservatives are wont to call it — the nanny state. Dan’s thoughtful post the other day suggested but did not spell out an important theoretical implication of New York City’s prohibition on large servings of sugared soft drinks: it represents an almost-classic form of the “nudge,” the …

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Why Did Mono Lake Become a Cause Celebre?

Why did saving Mono Lake become such a potent political issue during the late 1970’s and early 1980’s? For a book I am currently writing on the case, that is a critical question. After all, hundreds of groups — hundreds of environmental groups — seek media oxygen for their cases all the time. Both nationwide …

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Using Disclosure as a Smokescreen: How Behavioral Economics Can Deflect Regulation

A key figure in behavioral economics recently issued a warning about over-reliance on its findings. In a NY Times op. ed, Dr. George Lowenstein raised questions about some uses of behavioral economics by government policymakers: As policymakers use it to devise programs, it’s becoming clear that behavioral economics is being asked to solve problems it …

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Nudging Smart Growth

There are lots of problems with Sunstein and Thaler’s book Nudge, but its central premise has potentially powerful applications to a host of problems. Sunstein and Thaler posit that in many policy areas, “choice architects” can help people make better choices without impairing their actual ability to make that choice — a philosophy that they call …

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Cass Sunstein Has Lost His Mind

I’m in the middle of reading Sunstein and Thaler’s Nudge: Improving Decisions About Health, Wealth and Happiness, and a lot of it is illuminating, if somewhat predictable for those who have followed behavioral economics over the last few years. But so far, by far the worst chapter has been the one on the environment, which …

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We Need a True Debate Over Income-Graduated Fixed Charges

A state bill to cap the fixed charges utilities can collect in California would shut down an important debate about equity and rate design. Here’s a better way forward.

Could Trump Cancel the IRA?

Probably not. But also possibly yes.

Climate Action for Earth Day

“We have a long way to go, but we’ve started down the path.” I asked my UCLA Emmett Institute colleagues what climate actions give them hope on Earth Day. Here’s how they answered.

A New Era for Protecting Public Lands

The Bureau of Land Management has always prioritized extraction activities. Now the agency has announced a rule that could elevate conservation.

Don’t Count Your Judicial Vultures Before They Hatch

The conservative Supreme Court majority may turn out as bad as we fear. Or maybe not.

Filling in the Picture: The Latest From Kennedy about Climate

Here’s what Kennedy says about his campaign, its effect on the race, and climate change.

Five Myths and Half-Truths About California Cap and Trade

California has spent years fine-tuning its trading system, with results that aren’t always easy to gauge.

U.S. Supreme Court Revisits, Tightens Regulatory Takings Limits on Land Use Regulation

California Homeowner’s Takings Challenge to County’s Traffic Impact Fee Heads Back to State Court

California Wins Major Clean Air Act/Climate Change Case in D.C. Circuit

U.S. Court of Appeals Rejects Red States’ Challenge to California’s CAA “Waiver Authority”

Shanahan, Kennedy and Climate Change: Unanswered Questions

It’s clear that RFK Jr.’s running mate has good intentions and an interest in climate issues. But not much is clear beyond that.

California Wins Major Clean Air Act/Climate Change Case in D.C. Circuit

U.S. Court of Appeals Rejects Red States’ Challenge to California’s CAA “Waiver Authority”

Florida is a Climate-Denying Hellscape

Florida lawmakers want to erase climate change from their laws and ban local heat protection ordinances ahead of what could be another summer of record-breaking heat.

We Need a True Debate Over Income-Graduated Fixed Charges

A state bill to cap the fixed charges utilities can collect in California would shut down an important debate about equity and rate design. Here’s a better way forward.

Will the NEPA Amendments Speed Up Permitting?

Probably not much. If at all.

Could Trump Cancel the IRA?

Probably not. But also possibly yes.

Climate Action for Earth Day

“We have a long way to go, but we’ve started down the path.” I asked my UCLA Emmett Institute colleagues what climate actions give them hope on Earth Day. Here’s how they answered.

behavioral economics

Environmental Voter Project’s Election Engagement Is The Best Way To Celebrate The Day

The Emerging Sub-Field of “Envirodevonomics” Seeks to Find Out

Statistical Manipulation Has Led To Embarrassing Results, But the Field Is Working Hard to Maintain Integrity

TRENDING

A state bill to cap the fixed charges utilities can collect in California would shut down an important debate about equity and rate design. Here’s a better way forward.

Probably not. But also possibly yes.

“We have a long way to go, but we’ve started down the path.” I asked my UCLA Emmett Institute colleagues what climate actions give them hope on Earth Day. Here’s how they answered.

The Bureau of Land Management has always prioritized extraction activities. Now the agency has announced a rule that could elevate conservation.

The conservative Supreme Court majority may turn out as bad as we fear. Or maybe not.

Here’s what Kennedy says about his campaign, its effect on the race, and climate change.

California has spent years fine-tuning its trading system, with results that aren’t always easy to gauge.

California Homeowner’s Takings Challenge to County’s Traffic Impact Fee Heads Back to State Court

U.S. Court of Appeals Rejects Red States’ Challenge to California’s CAA “Waiver Authority”

It’s clear that RFK Jr.’s running mate has good intentions and an interest in climate issues. But not much is clear beyond that.

U.S. Court of Appeals Rejects Red States’ Challenge to California’s CAA “Waiver Authority”

Florida lawmakers want to erase climate change from their laws and ban local heat protection ordinances ahead of what could be another summer of record-breaking heat.

A state bill to cap the fixed charges utilities can collect in California would shut down an important debate about equity and rate design. Here’s a better way forward.

Probably not much. If at all.

Probably not. But also possibly yes.

“We have a long way to go, but we’ve started down the path.” I asked my UCLA Emmett Institute colleagues what climate actions give them hope on Earth Day. Here’s how they answered.

The Bureau of Land Management has always prioritized extraction activities. Now the agency has announced a rule that could elevate conservation.

The conservative Supreme Court majority may turn out as bad as we fear. Or maybe not.

Here’s what Kennedy says about his campaign, its effect on the race, and climate change.

California Homeowner’s Takings Challenge to County’s Traffic Impact Fee Heads Back to State Court