Faculty Publications

"I Don't Want To Be Selling My Soul": Two Experiments In Environmental Economics

Document Type

Article

Keywords

Carbon offsets, Environmental experiment, Metaeconomics, Other-interest, Self-interest

Journal/Book/Conference Title

Journal of Socio-Economics

Volume

38

Issue

2

First Page

221

Last Page

229

Abstract

We conducted two experiments in the context of environmental protection. We found that profit considerations and personality traits are among the essential determinants of individual contributions to the solution of environmental problems. The results show that environmental considerations are powerful motivators and subjects are willing to forgo pecuniary profits for the sake of "doing-the-right-thing". The study shows that the environmental groups can purchase carbon offsets directly from the providers at a lower-than market price and still obtain a relatively large market share. © 2008 Elsevier Inc. All rights reserved.

Department

Department of Political Science

Original Publication Date

3-1-2009

DOI of published version

10.1016/j.socec.2008.10.010

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