Individuals have heterogeneous beliefs regarding the future speed and shape of the low-
carbon transition. In this paper, we study to what extent opinion diversity matters for …

This paper extends the Marx-Keynes-Schumpeter model in Flaschel (2015) to study the
social dimension of climate change. Agents are divided between those supporting and those …

Although the rational choice approach remains the theoretical modeling paradigm in
economics and political sciences, the relevance of behavioral factors such as heuristics and …

We develop a dynamic model where heterogeneous firms take investment decisions
depending on their beliefs on future carbon prices. A policy-maker announces a forward …

Confirmation bias has been traditionally seen as a detrimental aspect of the human mind,
but recently researchers have also argued that it might be advantageous under certain …

Contrary to the near-global consensus among the scientific community, public perceptions of
climate change differ between nations and have fluctuated over time. This article develops a …

This paper assesses the robustness of the “natalist bias” of pollution control in de la Croix
and Gosseries (J Environ Econ Manage 63: 271–287, 2012), according to which taxing …

People have higher expectations for shale gas exploitation. However, the promotion of large-
scale shale gas exploitation does not seem to be as good as it seems, since the extraction …

As natural disasters occur more often, do people adjust their perceptions of hazard risks
more frequently? This research centers on floods, a prevalent natural hazard in the US …

The ongoing transformation of the social base supporting political choices in high-income
countries is happening in the context of raising demand for more significant efforts to reduce …