Insights from behavioural economics for forest economics and environmental policy: Potential nudges to encourage woodland creation for climate change mitigation and adaptation?
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文摘

Cognitive factors imply non-market values can vary by an order of magnitude.

Influences of cognitive factors on ecosystem values pose key environmental policy challenges.

Selecting policy options allowing for the social endogeneity of values is difficult.

Influences of cognitive factors on choices provide opportunities for forest policy-makers.

Nudges at key points could provide a cost-effective instrument to encourage woodland creation.

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