• Fig. 26. The first panel shows the distance between how much someone guessed the threshold cost, and what a payoff-maximizing player should guess the threshold cost. The second panel shows the distance between how much someone contributed to meet the threshold, and what a payoff-maximizing player should contribute to the threshold. The x-axis shows the size of the penalty. As the penalty increased, people believed disaster prevention was more expensive, and they contributed more to disaster prevention.

Perceptions of the cost of disaster

From Climate Games: Experiments on How People Prevent Disaster by Talbot M. Andrews, Andrew W. Delton, and Reuben Kline

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  • Nature/Environment:Environmental Studies
  • Political Science:Political Economy
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