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BEHAVORIAL ECONOMICS ANNOTATED BIBLIOGRAPHY 6

ASSESSMENT FORM / CRITERIA FOR ANNOTATED BIBLIOGRAPHY 111/165

____0_____ (15 points) Summary of research questions. It may be a revised list of research questions from your proposal. To make it easier for you (and me) to evaluate the relevance of your references, make sure your research questions are in bullet form.

___111_______ (30 points for each reference=150 points) Annotated bibliography of the 5 references. You may do more than 5, with no extra points. I would imagine you will need more than 5 to complete your paper. But at this stage of the paper writing process, you are required to have read and understood 5 papers.

	Paper 1	Paper 2	Paper 3	Paper 4	Paper 5
Proper reference citation (5 points each)	5	5	5	5	5
Description of research question and its findings (5 points each)	5	5	5	5	5
Clear identification of what part(s) of the paper (method, model, findings, conclusions) are relevant for your paper (10 points).	8	8	9	8	8
Identification of which research question (above) the reference is answering/addressing. At least three of the five papers need to do more than provide background material for the topic, i.e., at least three papers need to provide evidence (even qualitative ones), methods, or insights for analysis (5 points each)	4	4	4	4	4
Identification of which of the other paper(s) cited is related to this paper and a description of how are they related (method, model, findings, conclusions). (5 points each each)	Missing	Missing	Missing	Missing	Missing
Total	22	22	23	22	22

Behavioral Economics Annotated Bibliography

Course NameEC230

DRH:

Where are your research questions? I need to be able to check them against your paper citations

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 https://pdfs.semanticscholar.org/85f3/f584f04c6ad75034f1106dd04dd30b847564.pdf

Brent, Friesen, Gangadharan & Leibbrandt (2017) argue that most of the decisions about the environment are based on traditional economic incentives and intrinsic motivations. The research question that this source answers is What is the contribution of BE in the management of the environment? Field experiments have allowed scholars to isolate particular causal mechanisms that help the advancement of understanding about the firm and consumer behaviours in the environmental markets. The article explains the literature used in environmental economics and focuses on the artefactual and framed field experiments. This article contributes to the topic of behavioral economics by offering an overview of experimental techniques and findings that define environmental economics. It also contributes to the research topic by introducing some key terms that have defined the study of BE in the last decade, and their applicability towards realizing better or more value.

You need to relate it to the other papers you cite –see the guideline I provided

Which part of the paper is relevant? All of it? The framework ? The results? The analysis?

Carlsson, F., & Johansson-Stenman, O. (2012). Behavioral economics and environmental policy. Annu. Rev. Resour. Econ., 4(1), 75-99. https://www.annualreviews.org/doi/full/10.1146/annurev-resource-110811-114547

Carlsson & Johansson-Stenman (2012) offer an interpretive survey about the usefulness of behavioral economics on environmental policy. The main argument of the authors is that behavioral economics (BE) is important for environmental economics and that there is a need for modifications to the normative policy recommendations. The strength of the article lies in the description of core concepts. The terms that are used in the paper, such as BE is explained in the introductory page for easier understanding. The incorporation of scholarly references such as Neill et al. (1994) increases the authenticity and credibility of the provided information. A shortcoming of this article is that it does not provide a direction for future studies about BE. However, it contributes to the topic of study by discussing concerns of fairness, social approval, status, and cooperation. This article discusses the way policy implications founded on conventional economic theory can be changed whenever behavioral economics insights are considered.

You need to relate it to the other papers you cite –see the guideline I provided

Which part of the paper is relevant? All of it? The framework ? The definitions only? The results? The analysis?

Ek, C., & Miliute-Plepiene, J. (2018). Behavioral spillovers from food-waste collection in Swedish municipalities. Journal of Environmental Economics and Management, 89, 168-186. https://www.researchgate.net/profile/Jurate_Miliute-Plepiene/publication/324029998_Behavioral_spillovers_from_food-waste_collection_in_Swedish_municipalities/links/5afed666a6fdcc722af53bd7/Behavioral-spillovers-from-food-waste-collection-in-Swedish-municipalities.pdf

Ek & Miliute-Plepiene (2018) argue that policies that evaluate the environment must involve all the significant impacts, such as the future and immediate costs, and the desired impacts on the chosen variables. In this paper, the authors argue that a policy that encourages households into recycling a specific fraction of waste affects their readiness for recycling other wastes as well. This study contributes to the BE topic by introducing the aspect of behavioral spillovers and estimating the policy-driven spillovers within households. A major weakness of the article is that it focuses on waste recycling in Sweden. For better analysis, this study needs to focus on many countries, or at least compare two countries to understand and evaluate the effectiveness of their waste management practices. By focusing solely on Sweden, it could give policymakers the opportunity of implementing waste practices in countries that have unsuccessful waste management approaches. In the research paper, I will use the lessons of BE from this source and relate it to food waste by using the lessons from other countries that have better management methods.

You need to relate it to the other papers you cite –see the guideline I provided

Kesternich, M., Reif, C., & Rübbelke, D. (2017). Recent trends in behavioral environmental economics. Environmental and Resource Economics, 67(3), 403-411. https://link.springer.com/article/10.1007/s10640-017-0162-3

In this study, Kesternich Reif & Rübbelke (2017) present information about the trends in BE. It answers the research question: How does the theory of standard welfare economics work in a competitive market to cause a Pareto efficient resource allocation? However, because of the failures in the market, there are regular inefficiencies. The main argument of Kesternich, Reif, & Rübbelke (2017) is that the instruments established using government intervention could overcome issues from social dilemmas and also prevent inefficient resource allocation. The strength of the study is the use of various scholarly articles that support the importance of BE and show some defining trends in history. However, using many sources is also a challenge for the article because of the possible biased information or over-reliance of a qualitative study that lacks proof. This article contributes to the topic of study by establishing the basis of research, especially focusing on the recent trends in the field. We cannot understand our future without understanding the past. It answers the research question: what are the trends that have defined BE? And are these trends dynamic or can they be used in different contexts?

You need to relate it to the other papers you cite –see the guideline I provided

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. https://www.econstor.eu/bitstream/10419/191496/1/WP17-01.pdf

The main argument of the authors is that within traditional frameworks, Pigovian regulation establishes corrective subsidy or tax to make agents understand external impacts linked with production or consumption decisions. It answers the research question: How has the classic understanding of regulation has considered behavioural agents and the ways they influence excellent designs in the policy? The idea from the article is that whenever agents voluntarily exert efforts, the financial incentives have negative effects. The advantage of this study is that unlike other resources, it narrows the topic and introduces a policy approach in the form of Pigovian regulation. The use of the regulation is a basis for policymakers to develop new approaches that could apply in new environments and countries that seek to achieve maximum BE exploitation. This article contributes to the topic of study by carrying out comparisons of products and showing that the extent of behavioral effects reduces with the substitutability between dirty and clean product options, which reduces emissions.

DRH:

Ok, you are moving in the right direction.

I expect that all these papers and their results will be tackled in a thematic fashion using a framework /structure /outline you have devised to synthesize various papers with similar results / topics together rather than a listing of different results.

In the final paper, I also expect a much deeper discussion rather than a summary and a more detailed description of the terms, discussion of behavioral econ versus neoclassical econ and hw they are the same or how they differ in explaining the same environmental phenomena