Do economic preferences predict pro-environmental behaviour?

Citation

Lades LK, Laffan K & Weber TO (2021) Do economic preferences predict pro-environmental behaviour?. Ecological Economics, 183, Art. No.: 106977. https://doi.org/10.1016/j.ecolecon.2021.106977

Abstract
Understanding the determinants of pro-environmental behaviour is key to addressing many environmental challenges. Economic theory and empirical evidence suggest that human behaviour is partly determined by people's economic preferences which therefore should predict individual differences in pro-environmental behaviour. In a pre-registered study, we elicit seven preference measures (risk taking, patience, present bias, altruism, positive reciprocity, negative reciprocity, and trust) and test whether they predict pro-environmental behaviour in everyday life measured using the day reconstruction method. We find that only altruism is significantly associated with everyday pro-environmental behaviour. This suggests that pro-social aspects of everyday pro-environmental behaviour are more salient to people than the riskiness and intertemporal structure of these behaviours. We also show in an exploratory analysis that different clusters of everyday pro-environmental behaviours are predicted by patience, positive reciprocity, and altruism, indicating that these considerations are relevant for some, but not other, pro-environmental behaviours.

Keywords
Time preferences; Risk preferences; Social preferences; Pro-environmental behaviour; Day reconstruction method

Journal
Ecological Economics: Volume 183

People

Professor Leonhard Lades

Professor in Economics, Economics