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"I don't want to be selling my soul": Two experiments in environmental economics

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  • Ovchinnikova, Natalia V.
  • Czap, Hans J.
  • Lynne, Gary D.
  • Larimer, Christopher W.
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    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.

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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

    Volume (Year): 38 (2009)
    Issue (Month): 2 (March)
    Pages: 221-229

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    Handle: RePEc:eee:soceco:v:38:y:2009:i:2:p:221-229

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    Web page: http://www.elsevier.com/locate/inca/620175

    Related research

    Keywords: Metaeconomics Environmental experiment Self-interest Other-interest Carbon offsets;

    References

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    Cited by:
    1. Czap, Natalia V. & Czap, Hans J., 2010. "An experimental investigation of revealed environmental concern," Ecological Economics, Elsevier, vol. 69(10), pages 2033-2041, August.

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