Unité mixte de recherche 7235

The acceptability of public policies in a negative externalities game: an experiment

Intervenant : Maria Montoya Villalobos

Discutants : Phu Nguyen-Van (sénior) et Claire Mollier (junior)

Abstract : This paper examines the acceptability of different public policies aimed at limiting negative externalities. The paper explores the impact of experience from a policy trial, cultural worldviews, and the policy acceptability of bans and taxes. The authors conduct a laboratory experiment with participants facing a negative externalities game and introducing public policies in the form of taxation and quantity regulation policies. The participants are asked to vote for or against the implementation of the policy after experiencing a policy trial. The results indicate that acceptability varies across different policy instruments and that experience from a policy trial can influence acceptability. The study also finds that cultural worldviews impact the acceptability of different policies.

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