Impact of Climate Change Policies: Behavioral Insights
Explore the behavioral insights and economic impacts of climate change policies in this seminar talk by Lata Gangadharan. Delve into the design of carbon markets, focusing on the US Regional Greenhouse Gas Initiative, and examine how regulatory choices can influence carbon pricing. Investigate the potential efficiency gains of dynamic electricity pricing schemes and their associated risks for consumers. Learn about a randomized experiment that tests household comprehension and choices regarding real-time pricing plans. Discover key findings on risk disclosure, demand for risk protection, and the impact of personal experience on risk comprehension. Gain valuable insights into the implications of these findings for regulators with consumer protection mandates in the context of climate change policies and electricity pricing.