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Scientific Numerology, Preference Anomalies, and Environmental Policymaking

机译:科学命理,偏好异常和环境决策

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摘要

Recently an abundance of experimental evidence has been gathered that is consonant with the notion that individual preferences are inconsistent and unstable. These empirical results potentially undermine the theoretical foundation of welfare economics, as the degree of preference lability claimed suggests that perhaps no optimization principles underlie even the most straightforward of choices. Yet policymakers in the environmental arena continue to prescribe policies based on economics-based methods that are constructed on the very principles that have been directly refuted. Are policymakers creatures of habit that move at glacial speed or is there something deeper behind their inertness? In this study, I explore this issue within the U.S. context and argue that there is some rationality behind current public policy decisionmaking. I then explore whether the empirical evidence supports the view that policymakers should take preference anomalies seriously. As a case study, I focus on some of my recent findings on preference inconsistencies in the marketplace.
机译:最近,已经收集了大量的实验证据,这与个体偏好不一致和不稳定的观点相吻合。这些实证结果可能会破坏福利经济学的理论基础,因为偏好不稳定性的主张表明,即使最直接的选择也可能没有优化原则。然而,环境领域的政策制定者继续基于基于经济学的方法制定政策,这些方法基于直接被驳斥的原则。政策制定者的习惯生物是否会以冰川的速度运动,或者它们的惰性背后还有更深的东西?在这项研究中,我在美国范围内探讨了这个问题,并认为当前的公共政策决策背后存在一些合理性。然后,我探讨经验证据是否支持决策者应认真对待偏好异常的观点。作为案例研究,我将重点放在我最近在市场偏好偏好不一致方面的一些发现。

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