Consumption, Happiness, and Climate Change
Mark A. Cohen
Vanderbilt University - Owen Graduate School of Management; Vanderbilt University - Law School; Resources for the Future
Michael P. Vandenbergh
Vanderbilt University - Law School
RFF Discussion Paper No. 08-39
Environmental Law Reporter, Vol. 38, December 2008
Vanderbilt Law and Economics Research Paper No. 08-29
Vanderbilt Public Law Research Paper No. 08-54
In this article, we explore the implications of this literature for understanding the relationship between climate change policies and consumption. We identify a number of ways in which accounting for the implications of the new happiness literature could lead to laws and policies that influence consumption in ways that increase the prospects for reducing greenhouse gas emissions in developed and developing countries. We do not examine every nuance of the growing happiness literature, but we provide a brief introduction and observations that we hope will stimulate further efforts by academicians and policymakers.
Number of Pages in PDF File: 5
Keywords: happiness, life satisfaction, subjective well-being
JEL Classification: Q54, I31, D31
Date posted: November 9, 2008 ; Last revised: November 19, 2012
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