The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
Discounting future green: Money versus the environment.
Abstract
In 3 studies, participants made choices between hypothetical financial, environmental, and health gains and losses that took effect either immediately or with a delay of 1 or 10 years. In all 3 domains, choices indicated that gains were discounted more than losses. There were no significant differences in the discounting of monetary and environmental outcomes, but health gains were discounted more and health losses were discounted less than gains or losses in the other 2 domains. Correlations between implicit discount rates for these different choices suggest that discount rates are influenced more by the valence of outcomes (gains vs. losses) than by domain (money, environment, or health). Overall, results indicate that when controlling as many factors as possible, at short to medium delays, environmental outcomes are discounted in a similar way to financial outcomes, which is good news for researchers and policy makers alike.
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Cites
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A Review of the Stern Review on the Economics of Climate Change
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Time Discounting for Primary Rewards
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How to SHIFT Consumer Behaviors to be More Sustainable: A Literature Review and Guiding Framework
White, K., Habib, R., & Hardisty, D. J. (2019) · Journal of Marketing · doi:10.1177/0022242919825649 · Cited by 2,386
Self-citationPsychological Barriers to Bipartisan Public Support for Climate Policy
Van Boven, L., Ehret, P. J., & Sherman, D. K. (2018) · Perspectives on Psychological Science · doi:10.1177/1745691617748966 · Cited by 228
The Malleability of Intertemporal Choice
Lempert, K. M., & Phelps, E. A. (2016) · Trends in Cognitive Sciences · doi:10.1016/j.tics.2015.09.005 · Cited by 207
The Psychology of Environmental Decisions
Newell, B. R., McDonald, R. I., Brewer, M., & Hayes, B. K. (2014) · Annual Review of Environment and Resources · doi:10.1146/annurev-environ-010713-094623 · Cited by 122
The Value of Nothing: Asymmetric Attention to Opportunity Costs Drives Intertemporal Decision Making
Read, D., Olivola, C. Y., & Hardisty, D. J. (2017) · Management Science · doi:10.1287/mnsc.2016.2547 · Cited by 83
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Metadata
- Authors
- Hardisty, D. J., & Weber, E. U.
- Venue
- Journal of Experimental Psychology: General
- Published
- 2009
- Volume
- 138
- Issue
- 3
- Pages
- 329-340
- ISSN
- 0096-3445 (ISSN-L)
- 1939-2222
- OpenAlex
- W3126002756
- Cited by
- 423
- References
- 5
- FWCI
- 9.60
- Type
- journal article
- Language
- en
- Open access
- closed
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