Abstract
People, animals and plants seem to consistently prefer to distance themselves from objects they fear and draw close to things that they desire. I present an argument for ecologists and economists which allows them to capture this behavior in a simple way. I offer some evidence for how such behavior occurs and how to include it in specific formulation of environmental policy models.
Original language | English (US) |
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Pages (from-to) | 157-174 |
Number of pages | 18 |
Journal | Ecological Economics |
Volume | 10 |
Issue number | 2 |
DOIs | |
State | Published - Jul 1994 |
Keywords
- Discounting
- geographic
ASJC Scopus subject areas
- General Environmental Science
- Economics and Econometrics