Investigating the relation between risk preferences and concerns about the impacts of global warming in the Netherlands
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2024-07-10
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en
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This paper investigates the relation between risk aversion and individual specific concerns about the impacts of global warming in the Netherlands. In this research it is tested if people who are more risk averse perceive more risk regarding the impacts of climate change and if this causes them to be more concerned about this topic.
This contributes to current scientific literature since research to this relation has not been done before in the Netherlands. Policy makers can use this information to understand how risk aversion influences people’s opinion regarding climate change.
An online survey was conducted to retrieve the data for this research. The relation between the main variables was tested by different OLS regressions. Despite the expected positive relation between risk aversion and concerns about the impacts of global warming, the results of the data analysis did not show any significant relation between these two variables. Reason for this can be that the sample was slightly biased and therefore did not fully represent the Dutch population. Therefore, it may be interesting to redo this research with a larger sample size that is more representable for the Dutch population to have more meaning for policy makers.
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Faculteit der Managementwetenschappen