Climate Change in a Public Goods Game: Investment Decision in Mitigation versus Adaptation

eeu sweden south africa | Behavior ec. Climate change

Climate Change in a Public Goods Game: Investment Decision in Mitigation versus Adaptation

The authors studied the potential tradeoff between countries’ investments in mitigation versus adaptation to climate change. Mitigating greenhouse gases may be a public good, but adaptation to climate change is a private good, benefiting only the country or individual.

They used a one-shot public-goods game with a stochastic term to account for probabilistic destruction, mapping the probability density function to within-group levels of mitigation, and compared low- and high-vulnerability treatments by varying the magnitude of disaster. Results showed no significant difference in mitigation level and emphasized the role of trust in enhancing cooperation.

EfD Authors

Dr. Åsa Löfgren Research Fellow
Assoc. Professor Martine Visser Research fellow

Keywords

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Link to pdf 273.7 kB

Centers

eeu sweden
south africa

Type of publication

EfD Discussion paper

Reference

Hasson, Reviva, Åsa Löfgren, and Martine Visser (2009), "Climate Change in a Public Goods Game: Investment Decision in Mitigation versus Adaptation", EfD Discussion Paper 09-23, Environment for Development Initiative and Resources for the Future, Washington DC, October 2009.

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Project info

Climate change in an experimental setting: The effect of stochastic future disasters and country vulnerability on cooperation.

In this project we are investigate the trade off between countries’ investments in adaptation and [cont...]

Environment for Development

Environment for Development