Ec paper fix
eddiewang
Qi1.docxEC230
Haoyue QI
Topic: Behavioral Economics and Environmental Policy
Introduction
Behavioral economics (BE) has increasingly attracted more interest in the field of economics. Unlike the conventional economic theory, BE focuses on people having cognitive limitations which makes them arrive at irrational decisions (Brent et al. 2017). BE also states that people act in a social context, and issues including status and social approval are critical to human behaviour. Another key feature of BE is that people’s behaviour is not motivated only by their material payoffs.
Research Question: This paper describes each of the BE characteristics, provides examples of their use in relevant explaining relevant environmental issues, devising solutions, and reflecting on possible influence on environmental policy.
DRH: There is no statement describing why using behavioral economics is important- does it substitute for other theories? Does it complement them?
Body Paragraphs
1. Cooperation and fairness
i. The distributional effects of both costs and benefits linked with policies that address environmental issues such as water pollution, global climate change and car emissions are important for policymakers globally (Kesternich, Reif & Rübbelke, 2017).
ii. Cooperation based on conventional economic theory versus BE
iii. Information about cooperation from BE
2. Self-image, status and social approval concerns
3. Crowding in versus crowding out
4. Context-dependent and incoherent preferences
5. Risk misperception and ambiguity aversion
i. All the areas in public policy in the current society handle risk, especially in environmental concerns.
ii. Risk misperception
iii. Ambiguity aversion
6. Behavioral limitations of the regulator
This section introduces the recommendations for environmental policymakers, especially regarding the rules and laws that affect the public. The main idea from this section is that even when the policymakers are trying to make decisions good for the citizens, their priorities are different from those of the citizens.
DRH: I expect that your annotated bibliography and the final paper will have detailed description of each of these concepts and how they are applied to environmental phenomena.
This version does not provide substantially more details than the first one you submitted. I expect the next submission to be more substantive and to be describing each concept you outlined above.
There are no methods for analysis. How will you use the BE concepts above to address your research questions?
Conclusion
This article has discussed information about BE and the way it affects policy recommendations in environmental economics. BE is important for economics because it ensures the environmental economics are closer to reality and are more relevant.
References
Brent, D. A., Friesen, L., Gangadharan, L., & Leibbrandt, A. (2017). Behavioral insights from field experiments in environmental economics. International Review of Environmental and Resource Economics, 10(2), 95-143.
Carlsson, F., & Johansson-Stenman, O. (2012). Behavioral economics and environmental policy. Annu. Rev. Resour. Econ., 4(1), 75-99.
Chen, J. M. (2016). Fables of the Reconstruction: Human Emotion and Behavioral Heuristics in Environmental Economics. Studia Iuridica, (63), 77-96.
Ek, C., & Miliute-Plepiene, J. (2018). Behavioral spillovers from food-waste collection in Swedish municipalities. Journal of Environmental Economics and Management, 89, 168-186.
Lanz, B., Wurlod, J. D., Panzone, L., & Swanson, T. (2018). The behavioral effect of pigovian regulation: Evidence from a field experiment. Journal of Environmental Economics and Management, 87, 190-205.
List, J. A., & Price, M. K. (2016). The use of field experiments in environmental and resource economics. Review of Environmental Economics and Policy, 10(2), 206-225.
DRH: The references look promising but they were not cited in the text. Make sure you cite them properly when you provide more substantive content to your work in the annotated bibliography stage.
ASSESSMENT FORM / CRITERIA FOR OUTLINE/PROPOSAL
General Structure (5 points) 4 points
You are missing some sections
____ My outline has all the necessary sections/components (see next page)
____ My outline is NOT matching or a copy of one section (or subsection) of one paper
from the literature.
____ My outline is typed (12 font, double spaced, max of 5 pages).
____ I have run a spell check.
Content (40 points) 30 points
There is no real description of economic theory and what behavioral economics is vis a vis the standard theories we discussed in class
There as only a list of concepts but no description.
____ My outline is not a chronological description of events on a particular topic.
____ I am incorporating and applying economic theory in my research and I have
identified and explained that relevant economic theory in my outline.
I have described the academic and/or policy significance of my research and I
have clearly identified how my paper contributes to the relevant literature
____ My outline emphasizes analysis rather than description.
References (15 points) 10 pts
The list is good but not cited in the paper
____ My outline/proposal includes a list of at least 5 references.
____ My references are peer-reviewed articles.
____ At least 2/3 of my references are economic references (from the database Econlit).
____ I have read at least the abstract of all the references provided to make sure they
are appropriate for my research. (DRH Note: An annotated bibliography due later will ensure you read have all articles and can explain in your own words how each contributes to your research)
Optional: Only if doing empirical/quantitative analysis (part of the Content)
____ I am incorporating description of data sources in my outline.
____ I have identified the type of quantitative analysis I will undertake (regression
analysis, or elasticity estimate, etc).
Parts of the Proposal:
Title
Abstract
Background and Statement/Description of Research Question(s)
You may have one general research question or several small but inter-related sub-research questions.
Make sure your research questions are not mere descriptions but they analyze things: Make sure you do not only describe or identify but more importantly asses, evaluate, examine, critique, compare, estimate.
Relevance of Research Questions/Contributions to the Literature
Provide the gaps in the literature and how your study contributes to it. Provide also relevance from policy perspective, if applicable.
Economic Theory
Describe the economic theory that you will use to analyze your research problem. This involves identifying and describing the economic concepts that you will use.
Methodology and Analysis
Identify whether you will conduct a qualitative or quantitative analysis
If qualitative: how will you conduct your analysis? What evidence will you be looking for in the literature to answer your research questions that asses, evaluate, examine, critique, compare?
If quantitative, provide a brief description of data sources and the type of statistical or modelling analysis you will use.
References
