Ambient-Based Policy Instruments: The Role of Recommendations and Presentation

dc.creatorSpraggon, John M.
dc.creatorOxoby, Robert J.
dc.date2017-04-01T13:58:45Z
dc.date.accessioned2026-07-09T05:14:29Z
dc.descriptionWe explore the effects of recommended play and the presentation of payoff information on behavior in an ambient-based policy instrument experiment. Specifically, we test the effects of recommended play (via a description of marginal decision making) and a payoff table on the behavior of individuals facing an ambient-based policy instrument. We find that recommended play and the presentation of a payoff table increases the use of the socially optimal strategy, thereby increasing efficiency. These results suggest that providing decision makers with a richer description of the decision making environment significantly reduces decision error, significantly improving the efficiency of ambient-based policy instruments.
dc.identifierdoi:10.22004/ag.econ.90832
dc.identifierhttps://ageconsearch.umn.edu/record/90832/files/spraggon%20-%20current.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/90832
dc.identifier.urihttp://hdl.handle.net/123456789/560972
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/90832
dc.titleAmbient-Based Policy Instruments: The Role of Recommendations and Presentation
dc.typeText

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