TY  - JOUR
A1  - Keser, Claudia
A1  - Kliemt, Hartmut
A1  - Späth, Maximilian
T1  - Charitable giving
BT  - the role of framing and information
JF  - PLoS ONE
N2  - We investigate how different levels of information influence the allocation decisions of donors who are entitled to freely distribute a fixed monetary endowment between themselves and a charitable organization in both giving and taking frames. Participants donate significantly higher amounts, when the decision is described as taking rather than giving. This framing effect becomes smaller if more information about the charity is provided.
KW  - experimental economics
KW  - dictator game
KW  - experimental design
KW  - labor economics
KW  - welfare economics
KW  - language
KW  - prosocial behavior
KW  - university laboratories
Y1  - 2023
U6  - https://doi.org/10.1371/journal.pone.0288400
SN  - 1932-6203
VL  - 18
IS  - 7
PB  - Public Library of Science (PLoS)
CY  - San Francisco, California
ER  - 
TY  - JOUR
A1  - Sureth, Michael
A1  - Kalkuhl, Matthias
A1  - Edenhofer, Ottmar
A1  - Rockström, Johan
T1  - A welfare economic approach to planetary boundaries
JF  - Jahrbücher für Nationalökonomie und Statistik
N2  - The crises of both the climate and the biosphere are manifestations of the imbalance between human extractive, and polluting activities and the Earth’s regenerative capacity. Planetary boundaries define limits for biophysical systems and processes that regulate the stability and life support capacity of the Earth system, and thereby also define a safe operating space for humanity on Earth. Budgets associated to planetary boundaries can be understood as global commons: common pool resources that can be utilized within finite limits. Despite the analytical interpretation of planetary boundaries as global commons, the planetary boundaries framework is missing a thorough integration into economic theory. We aim to bridge the gap between welfare economic theory and planetary boundaries as derived in the natural sciences by presenting a unified theory of cost-benefit and cost-effectiveness analysis. Our pragmatic approach aims to overcome shortcomings of the practical applications of CEA and CBA to environmental problems of a planetary scale. To do so, we develop a model framework and explore decision paradigms that give guidance to setting limits on human activities. This conceptual framework is then applied to planetary boundaries. We conclude by using the realized insights to derive a research agenda that builds on the understanding of planetary boundaries as global commons.
KW  - cost-benefit analysis
KW  - cost-effectiveness analysis
KW  - global commons
KW  - planetary boundaries
KW  - precautionary principle
KW  - shadow price
KW  - uncertainty
KW  - welfare economics
Y1  - 2023
U6  - https://doi.org/10.1515/jbnst-2022-0022
SN  - 0021-4027
SN  - 2366-049X
VL  - 243
IS  - 5
SP  - 477
EP  - 542
PB  - De Gruyter Oldenbourg
CY  - Berlin
ER  -