Which Firms are More Sensitive to Public Disclosure Schemes for Pollution Control? Evidence from Indonesia’s PROPER Program

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This paper analyzes differences in firms’ responsiveness to PROPER, Indonesia’s public disclosure program for industrial pollution control. The overall effectiveness of this program at achieving emissions reductions and its low regulatory costs have earned it a good reputation around the world. PROPER had no deterrents or incentives other than those that arose indirectly from publicly disclosing information about the environmental performances of firms.

Policy Design

The Effect of Risk, Ambiguity, and Coordination on Farmers´Adaptation to Climate Change: A Framed Field Experiment

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The authors used a framed field experiment with coffee farmers in Costa Rica after tropical storm Alma to explore how farmers react to different levels of risk to income and productive means from extreme weather under measurable and unmeasurable uncertainty. They also examined whether investment costs to reduce vulnerability exhibit economies of scope.

Agriculture, Climate Change

Conditional Cooperation and Social Group: Experimental Results from Colombia

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There is growing interest in understanding whether behavior is the same across locations. By holding cross- and within-country dimensions constant (in contrast to previous studies on cross-group comparisons of conditional cooperation), the authors investigated cooperative behavior between social groups in the same location. Their results reveal significantly different cooperation behavior, suggesting that different social groups exhibit differences both in terms of composition of types and extent of conditional cooperation.

 

Experiments

Risk Aversion and Expected Utility of Consumption over Time

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The calibration theorem by Rabin (2000) implies that seemingly plausible smallstake choices under risk imply implausible large-stake risk aversion. This theorem is derived based on the expected utility of wealth model. However, Cox and Sadiraj (2006) show that such implications do not follow from the expected utility of income model. One may then wonder about the implications for more applied consumption analysis.

 

Experiments

Positional Concerns in an OLG Model: Optimal Labor and Capital Income Taxation

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This paper concerns optimal income taxation under asymmetric information in a two-type overlapping generations model, where people care about their relative consumption compared to others.

Experiments

Tenure Rights and Stewardship of Marine Resources: A co-managed Swedish shrimp fishery in a marine reserve

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EfD Authors:

Economic theory predicts that open access leads to myopic behaviour of fishermen, while improving property rights leads to more long-term decisions of fishermen.

Fisheries