Article ID Journal Published Year Pages File Type
970046 The Journal of Socio-Economics 2012 7 Pages PDF
Abstract
► We analyze the adoption process of environmental self-protection choices in the economy. ► We prove analytically that environmental “self-protection” may trap the system into an undesirable (Pareto-dominated) situation. ► We discuss a few real-life examples in which this mechanism may have actually occurred.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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