Environmental and Urban Studies Program and Economics Program present

Climate Change and Behavioral Economics: Implications for Policy

Howard Kunreuther
James D.  Dinan Professor of Decision Sciences and Policy
Co-Director of Wharton Risk Management and Decision Processes Center
Wharton School  University of Pennsylvania

Thursday, September 14, 2017

We face challenges in dealing with potentially catastrophic events associated with climate change. Most individuals do not think about investing in energy efficient measures to reduce global warming or undertaking protective actions to reduce damage to their homes from future floods or hurricanes until after a disaster occurs. I will use concepts from behavioral economics and psychology to highlight why we ignore these risks and recommend public-private sector partnerships that provide economic incentives for taking steps now rather than waiting until it is too late.

Time: 4:40 pm

Location: Campus Center, Weis Cinema