Journal of evolutionary economics, 2023, Vol. 33, pp. 1345-1363An environmental policy to foster virtuous behaviour does not automatically establish a social norm in a population; that is, the policy might not be socially acceptable or enforceable. Some agents feel compelled to abide by environmental social norms and embrace them, but others do not. Some might want to imitate their peers, while others might prefer not to conform and play the role of a maverick. In this model, we describe the heterogeneity of preferences by proposing a taxonomy of five possible agent types that enrich the traditional triplet presented in the literature. We then employ a random matching model to study how a social norm spreads within a population when its composition changes. Considering three relevant population compositions (scenarios), we show that what is most important for the successful diffusion of social norms is not whether, but why agents abide by it.
We examine the optimal behavior of carbon-emitting companies operating under the European Union Emission Trading System (EU ETS), under which firms are obliged to purchase emission permits on the secondary [...]
The Brief explores pathways to promote a sustainable agricultural trade regime for the EU. We identify three challenges and propose three potential paths forward. We discuss potential implications of the [...]
The rewable energy resources within EU27 are highly dominated by wind and solar energy delivering electricity as output. As electrification is the most efficient way to deliver the energy services [...]
Manufacturing firms in the EU face the double challenge of decarbonisation and (international) competitive pressure. Based on the key findings of the 2024 EIB investment survey and considering the economic [...]
Regulation 1370/2007, as amended by the Fourth Railway Package, set the date of 25 December 2023 for the opening to competition of services subject to public service obligations. As opposed [...]
This policy brief contends that a new approach to Long Term Contracts (LTCs) in European competition policy based on new facts, new realities and a revised reasoning must be urgently [...]
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