Society often relies on government policy to correct environmental problems that stem from human behavior. However, the policy-formation process may fail when environmental change is slow or when human behavior in one location affects environmental quality in other places. Ando draws on two existing bodies of work in economics - political economy and behavioral economics - and presents some new findings to explore when the policy-formation process is most vulnerable to failure and what we can do about it. Amy Ando is a professor in the Department of Agricultural and Consumer Economics at the University of Illinois, Urbana-Champaign.
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Added by UMN Institute for Advanced Study on February 5, 2009