The evaluation of the financial effects of environmental contamination.
Even though there are no market pricing for the effects of air, water, and climate change, we nonetheless try to quantify them. This entails gauging public opinion on issues including health, environment, and the future.
Understanding their significance in relation to other problems that society encounters may be made easier by using a common meter. To create an economic case for these policies, these measures are also contrasted with the expenses of those that lessen their negative environmental effects. We use such data to generate more comprehensive gauges of sustainable development at a larger scale.
Recognizing environmental and behavioral changes.
We explain why people are more or less predisposed to taking activities that are more or less harmful to the environment using psychological insights within an economic framework. We specifically look into how social norms influence behaviors that have an impact on the environment as well as potential triggers that could help make such behaviors more environmentally sustainable. We want to test theories about choices related to sustainable living by studying actual human behavior in a controlled setting.
Environmental policy at the worldwide level and population behavior.
In this sense, the primary subjects are:
- Improving knowledge of how cooperation develops in commercial and ecological systems
- If the formation of collaboration is a workable substitute for binding laws in the quest for a solution to our urgent global environmental challenges given the abrupt changes that collective behavior is characterized by.