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