Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 10th Sept 2026, 06:50:15pm CEST (Norway)
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Daily Overview |
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Policy tools for public goods provision Location: Auditorium N: Agnar Sandmo Session Chair: Stefanie Schmitt, University of Bamberg | |
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Awards vs Labels: Incentivizing Investments in Environmental Quality University of Bamberg, Germany Although consumers often care about the environmental quality of the goods they consume, consumers’ limited attention impairs their perception of environmental quality. Environmental awards and labels make environmental quality salient and thus draw consumers’ attention to the environmental quality of the goods. We analyze how environmental awards and labels affect firms’ investments in environmental quality and social welfare. In addition, we analyze whether a social planner with the objective to maximize social welfare should implement an environmental award or an environmental label. We show that, with an award, both firms invest in environmental quality, whereas, with a label, only one firm invests in environmental quality. Under both policies, investments in environmental quality depend on the salience that awards and labels generate. Whether the social planner should implement an award or a label depends on that salience and the marginal damage caused by emissions. | |