Modulhandbuch (Module manual)

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M.184.5482 Behavioral Environmental Economics
(Behavioral Environmental Economics)

Koordinator (coordinator):	Martin Kesternich
Ansprechpartner (contact):	Martin Kesternich (martin.kesternich[at]uni-paderborn.de )
Credits:	5 ECTS
Workload:	150 Std (h)
Semesterturnus (semester cycle):	WS
Studiensemester (study semester):	1-4
Dauer in Semestern (duration in semesters):	1

Lehrveranstaltungen (courses):
	Nummer / Name (number / title)	Art (type)	Kontaktzeit (contact time)	Selbststudium (self-study)	Status (P/WP) (status)	Gruppengröße (group size)
a)	K.184.54821 / Behavioral Environmental Economics		60 Std (h)	90 Std (h)	P
Wahlmöglichkeiten innerhalb des Moduls (Options within the module):
Keine

Empfohlene Voraussetzungen (prerequisites):
Basic knowledge in microeconomics and environmental economics

Inhalte (short description):
The aim of this course is to provide an introduction into the field of behavioral economics and related applications in environmental economics. Behavioral Economics integrates insights from psychology into economic thinking. It attempts to increase the explanatory power of economic models by incorporating a better understanding of human behavior and its underlying factors. Thereby, behavioral economics is concerned with psychological, social, and cognitive factors shaping decisions of individuals and groups as well as their consequences for social welfare and the distribution of resources. As an important example, human decision making in many cases is not solely motivated by a narrowly defined self-interest but takes into account fairness concerns and social norms. The way social norms shape human behavior however depends on the social context. From a policy-making perspective, the context-dependency of (socio-)psychological effects therefore requires a profound and detailed understanding of how people behave in different environmental economic settings. We cover behavioral economic approaches in different fields of environmental economics. Thereby, we focus on experimental evidence that motivated the development of new economic models and discuss implications for policy making. Lectures and exercises take place weekly. The module concludes with a written exam during the designated phase after the lecture period.

Inhalte (short description):

The aim of this course is to provide an introduction into the field of behavioral economics and related applications in environmental economics.

Behavioral Economics integrates insights from psychology into economic thinking. It attempts to increase the explanatory power of economic models by incorporating a better understanding of human behavior and its underlying factors. Thereby, behavioral economics is concerned with psychological, social, and cognitive factors shaping decisions of individuals and groups as well as their consequences for social welfare and the distribution of resources. As an important example, human decision making in many cases is not solely motivated by a narrowly defined self-interest but takes into account fairness concerns and social norms. The way social norms shape human behavior however depends on the social context. From a policy-making perspective, the context-dependency of (socio-)psychological effects therefore requires a profound and detailed understanding of how people behave in different environmental economic settings.

We cover behavioral economic approaches in different fields of environmental economics. Thereby, we focus on experimental evidence that motivated the development of new economic models and discuss implications for policy making.

Lectures and exercises take place weekly. The module concludes with a written exam during the designated phase after the lecture period.

Lernergebnisse (learning outcomes):

Fachkompetenz Wissen (professional expertise):
Studierende... Students are able to understand essential models of behavioral/environmental economics and apply them to selected problems Students will be able to identify and formulate environmental economic problems based on the theories and models covered. They can develop alternative courses of action and critically evaluate their solution potential
Fachkompetenz Fertigkeit (practical professional and academic skills):
Studierende... Students learn the skills to acquire behavioral economic models and apply them to issues of applied climate and environmental policy
Personale Kompetenz / Sozial (individual competences / social skills):
Studierende... Students will be able to lead subject-specific discussions
Personale Kompetenz / Selbstständigkeit (individual competences / ability to perform autonomously):
Studierende... Students are able to design their learning and work processes in a self-determined and self-organized manner, assess their own knowledge and skills and develop them in a targeted manner

Prüfungsleistungen (examinations)
Art der Modulprüfung (type of modul examination): Modulabschlussprüfung
	Art der Prüfung (type of examination)	Umfang (extent)	Gewichtung (weighting)
a)	Klausur	60 minutes	100.00 %

Studienleistung / qualifizierte Teilnahme (module participation requirements)
Nein

Voraussetzungen für die Teilnahme an Prüfungen (formal requirements for participating in examinations)
Keine

Voraussetzungen für die Vergabe von Credits (formal requirements for granting credit points)
Die Vergabe der Credits erfolgt, wenn die Modulnote mindestens „ausreichend“ ist

Gewichtung für Gesamtnote (calculation of overall grade)
Das Modul wird mit der Anzahl seiner Credits gewichtet (Faktor: 1)

Verwendung des Moduls in den Studiengängen (The module can be selected in the following degree programmes)
M.Sc. IBS, M.Sc. BWL, M.Sc. International Economics and Management, M.Sc. Management, M.Sc. Management Information Systems, M.Sc. Taxation, Accountingand Finance, M.Sc. Winfo, M.Sc. Wirtschaftspädagogik, M.Ed. Wirtschaftspädagogik

Umfang QT (participation requirements):

Lernmaterialien, Literaturangaben (learning material, literature):

Teilnehmerbegrenzung (participant limit):
Keine

Sonstige Hinweise (additional information):
The course is (tentatively) structures as follows Introduction to behavioral economics a) (Some) behavioral anomalies b) Basics of game theory Experimental methods a) Lab experiments b) From the lab to the field Cooperation and fairness a) Inequality aversion b) Pro-social behavior in public goods games c) Fairness considerations in international climate policy Behavioral interventions and environmental policy a) Default options and related concepts b) Social norms and social comparisons c) Behavior and household energy conservation Additional information: Language: English Teaching and learning formats:- Lecture with live visualizations.- Active plenary, discussions, flipped classroom Introductory Literature: Allcott H, Mullainathan S (2010), Behavioral Science and Energy Policy, Science 327, 1204–1205. Carlsson F, Johansson-Stenman O (2012), Behavioral Economics and Environmental Policy, Annual Review of Resource Economics 4, 75–99. Croson R, Treich N (2014), Behavioral Environmental Economics: Promises and Challenges, Environmental and Resource Economics 58, 335–351. Shogren JF, Parkhurst GM, Banerjee P (2010), Two cheers and a qualm for behavioral environmental economics, Environmental and Resource Economics 46, 235–247. Shogren JF, Taylor LO (2008), On behavioral-environmental economics, Review of Environmental Economics and Policy 2, 26–44.

Sonstige Hinweise (additional information):

The course is (tentatively) structures as follows

Introduction to behavioral economics
a) (Some) behavioral anomalies
b) Basics of game theory

Experimental methods
a) Lab experiments
b) From the lab to the field

Cooperation and fairness
a) Inequality aversion
b) Pro-social behavior in public goods games
c) Fairness considerations in international climate policy

Behavioral interventions and environmental policy
a) Default options and related concepts
b) Social norms and social comparisons
c) Behavior and household energy conservation

Additional information: Language: English
Teaching and learning formats:- Lecture with live visualizations.- Active plenary, discussions, flipped classroom

Introductory Literature:

Allcott H, Mullainathan S (2010), Behavioral Science and Energy Policy, Science 327, 1204–1205.

Carlsson F, Johansson-Stenman O (2012), Behavioral Economics and Environmental Policy, Annual Review of Resource Economics 4, 75–99.

Croson R, Treich N (2014), Behavioral Environmental Economics: Promises and Challenges, Environmental and Resource Economics 58, 335–351.

Shogren JF, Parkhurst GM, Banerjee P (2010), Two cheers and a qualm for behavioral environmental economics, Environmental and Resource Economics 46, 235–247.

Shogren JF, Taylor LO (2008), On behavioral-environmental economics, Review of Environmental Economics and Policy 2, 26–44.

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