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Open AccessRelative Price Changes of Ecosystem Services: Evidence from Germany
Discounting future costs and benefits is a crucial yet contentious practice in the appraisal of long-term public projects with environmental consequences. The standard approach typically neglects that ecosyste...
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Philosophers and economists agree on climate policy paths but for different reasons
The estimated value to society from climate change mitigation is highly sensitive to the long-term social discount rate. Governmental discounting guidance has almost exclusively been influenced by economists, ...
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Moral dilemmas and trust in leaders during a global health crisis
Trust in leaders is central to citizen compliance with public policies. One potential determinant of trust is how leaders resolve conflicts between utilitarian and non-utilitarian ethical principles in moral d...
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Author Correction: Climate economics support for the UN climate targets
A Correction to this paper has been published: https://doi.org/10.1038/s41558-021-01021-w.
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Climate economics support for the UN climate targets
Under the UN Paris Agreement, countries committed to limiting global warming to well below 2 °C and to actively pursue a 1.5 °C limit. Yet, according to the 2018 Economics Nobel laureate William Nordhaus, thes...
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Open AccessMoral Suasion and the Private Provision of Public Goods: Evidence from the COVID-19 Pandemic
We study how moral suasion that appeals to two major ethical theories, Consequentialism and Deontology, affects individual intentions to contribute to a public good. We use the COVID-19 pandemic as an exemplar...
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Limits to Substitution Between Ecosystem Services and Manufactured Goods and Implications for Social Discounting
This paper examines implications of limits to substitution for estimating substitutability between ecosystem services and manufactured goods and for social discounting. Based on a model that accounts for a sub...
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Subsistence, Substitutability and Sustainability in Consumption
We propose a representation of individual preferences with a subsistence requirement in consumption, and examine its implications for substitutability and sustainability. Specifically, we generalize the standa...
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Indicator-Based Analysis of the Process Towards a University in Sustainable Development: A Case Study of the University of Tübingen (Germany)
In order to contribute to sustainable development (SD), complex and heterogeneous institutions such as universities need instruments to define SD goals as well as to assess and to communicate their SD performa...