1,721,024 research outputs found

    Who emits most? An analysis of UK households' CO2 emissions and their association with socio-economic factors

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    Effective emissions reduction policies are required to avoid dangerous climate change. The redistributive impacts resulting from those policies will be relevant for their public acceptability. This project first examines the distribution of CO2 emissions across UK households. Second, it will explore the potential distribution of financial burdens across UK households resulting from a range of climate change mitigation policies. Households that will be most vulnerable to CO2 reduction policies will be identified. The project will develop a household emissions dataset by combining data from the Living Cost and Food Survey with energy prices and emission factors for specific expenditure items. This database will then be used to estimate the distribution of CO2 emissions across UK households, comparing different categories of emissions (home energy, transport, indirect and total household emissions). The project will also analyse the impact of different socio-demographic factors on household CO2 emissions. In particular, we will compare the importance of different factors for low and high income households, enabling us to identify potentially vulnerable households in low income groups.</span

    Experimental economics: rethinking the rules

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    Since the 1980s, there has been explosive growth in the use of experimental methods in economics, leading to exciting developments in economic theory and policy. Despite this, the status of experimental economics remains controversial. In Experimental Economics, the authors draw on their experience and expertise in experimental economics, economic theory, the methodology of economics, philosophy of science, and the econometrics of experimental data to offer a balanced and integrated look at the nature and reliability of claims based on experimental research.The authors explore the history of experiments in economics, provide examples of different types of experiments, and show that the growing use of experimental methods is transforming economics into a genuinely empirical science. They explain that progress is being held back by an uncritical acceptance of folk wisdom regarding how experiments should be conducted, a failure to acknowledge that different objectives call for different approaches to experimental design, and a misplaced assumption that principles of good practice in theoretical modeling can be transferred directly to experimental design. Experimental Economics debates how such limitations might be overcome, and will interest practicing experimental economists, nonexperimental economists wanting to interpret experimental research, and philosophers of science concerned with the status of knowledge claims in economics.<br/
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