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Abstract

The contributions in this volume demonstrate that behavioral economics (BEC) offers a wide range of new insights and recommendations for environmental policy. It shows that specific cognitive effects on the level of individuals, on the level of interaction between multiple individuals, and on the level of policy processes play an essential role for the way decisions are made at these different levels as well as for the outcome of these decisions. This seems to reflect the multi-faceted nature of the decision reality itself.

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Notes

  1. 1.

    There are not only numerous examples that automatic and/or emotional heuristics are rational (cf. Gigerenzer et al. 2011) but also that too much cognitive control (deliberation) leads to irrational behavior (cf. Scheibehenne et al. 2010).

  2. 2.

    Lack of institutional embeddedness and the limits in considering social interaction of individuals is at the core of the sociological critique of BEC (cf. Etzioni et al. 2010). Whereas this critique is convincing to a certain degree the conclusion to ignore BEC and to go back to normative and structuralist approaches is not.

  3. 3.

    The suggestion to use the two-system approach for public policy goes back to Sunstein (2014, pp. 100). Corresponding to his stylized interpretation of the two systems approach mentioned in section (i), he sees a dominance of system II in the political sphere.

  4. 4.

    Hints in this direction can be found in the contributions of Chaps. 2, 3, 11 and 12.

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Correspondence to Frank Beckenbach .

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Beckenbach, F., Kahlenborn, W. (2016). Conclusions and Perspectives. In: Beckenbach, F., Kahlenborn, W. (eds) New Perspectives for Environmental Policies Through Behavioral Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-16793-0_14

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