Risk preferences and pro-environmental attitudes. An experiment, joint work with Wael Bousselmi and Patricia Crifo, submitted in March 2023.
Abstract: This study experimentally investigates the relationship between the nature and consistency of risk preferences and individuals’ pro-environmental attitudes, assessed through a comprehensive survey encompassing daily habits, viewpoints, and socio-demographic factors. Risk preferences are elicited using two distinct methods: a single-choice list, as in Binswanger (1978), and an investment task, as in Gneezy and Potters (1997). Our findings reveal a positive correlation between risk aversion and pro-environmental attitudes. Furthermore, we demonstrate that risk preferences exhibit partial stability across methods due to a random behavior of some respondents. Finally, we provide novel evidence on the implications of this partial stability for pro-environmental preferences, demonstrating that greater consistency in risk preferences is associated with a reduced intention-behavior gap in green actions. These results contribute to the literature on behavioral economics and environmental decision-making by highlighting the role of risk preference consistency in shaping pro-environmental engagement
The effect of energy-saving nudges according to consumer profiles. A lab-in-the field experiment, joint work with Wael Bousselmi and Patricia Crifo
Abstract: Nudges like Home Energy Reports have been shown to reduce energy use, but their impact is highly heterogeneous. We provide one of the first experimental explanation of this heterogeneity through a year-long field experiment with 150 students living in 82 apartments, combining detailed heat consumption data with survey and experimental measures of pro-environmental attitudes and economic preferences. We find that HERs reduce average heat consumption by around 7%, consistent with the upper range of existing estimates. Yet, households with stronger pro-environmental attitudes—already consuming less than their peers—reduced usage by nearly 25% more, while the highest-consuming households showed no reduction or even an increase. These findings suggest that social-comparison nudges may act as a form of “moral tax,” affecting individuals unevenly across the consumption distribution and raising important questions about fairness in the design of energy efficiency policies
The reputation cost of going green, joint work with Chloé Saurel
Impact of information on preferences for Climate Change Mitigation Policies, OECD policy brief (work in progress), joint work with Jasmin Thomas-and Valerie Frey
This work is based on the Risk that Matters survey data, find more about the survey and the microdata here.