As part of the COP26 activities on campus, we will conduct a simple economic experiment simulating a fictional world that has to tackle a climate crisis. Each participant becomes leader of one nation and the world has ten years to reduce carbon emissions to avoid disaster. The duration of the session is approx. 30-45 minutes.
There is real money at stake and some participants may walk out of the experiment with a non-negligible amount of money. How much depends on their decisions, the other participant’s decisions and luck. But do everyone’s personal incentives align with what is best for the planet?
If interested, please sign up here:
bookwhen.com/rhuleconlab
Posted by: Dr Bjoern Hartig