Inequality Aversion and the Environment | Frank Venmans and Ben Groom - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inequality Aversion and the Environment | Frank Venmans and Ben Groom - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"Frank Venmans and Ben Groom will be discussing their paper Inequality Aversion and the Environment. Abstract Measures of inequality aversion...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/\" \/>\n<meta property=\"og:site_name\" content=\"Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"article:modified_time\" content=\"2019-05-29T09:03:31+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/grantham-workshop-frank-venmans-and-ben-groom\\\/\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/grantham-workshop-frank-venmans-and-ben-groom\\\/\",\"name\":\"Inequality Aversion and the Environment | Frank Venmans and Ben Groom - Grantham Research Institute on climate change and the environment\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/#website\"},\"datePublished\":\"2019-03-14T09:18:53+00:00\",\"dateModified\":\"2019-05-29T09:03:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/grantham-workshop-frank-venmans-and-ben-groom\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/grantham-workshop-frank-venmans-and-ben-groom\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/grantham-workshop-frank-venmans-and-ben-groom\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Events\",\"item\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Grantham Workshop\",\"item\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/event-type\\\/grantham-workshop\\\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Inequality Aversion and the Environment | Frank Venmans and Ben Groom\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/#website\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/\",\"name\":\"Grantham Research Institute on climate change and the environment\",\"description\":\"The Grantham Research Institute at LSE carries out world-class research on climate change and the environment.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"}]}<\/script>\n","yoast_head_json":{"title":"Inequality Aversion and the Environment | Frank Venmans and Ben Groom - Grantham Research Institute on climate change and the environment","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/","og_locale":"en_GB","og_type":"article","og_title":"Inequality Aversion and the Environment | Frank Venmans and Ben Groom - Grantham Research Institute on climate change and the environment","og_description":"Frank Venmans and Ben Groom will be discussing their paper Inequality Aversion and the Environment. Abstract Measures of inequality aversion...","og_url":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/","og_site_name":"Grantham Research Institute on climate change and the environment","article_modified_time":"2019-05-29T09:03:31+00:00","twitter_card":"summary_large_image","twitter_misc":{"Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/","url":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/","name":"Inequality Aversion and the Environment | Frank Venmans and Ben Groom - Grantham Research Institute on climate change and the environment","isPartOf":{"@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/#website"},"datePublished":"2019-03-14T09:18:53+00:00","dateModified":"2019-05-29T09:03:31+00:00","breadcrumb":{"@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.lse.ac.uk\/granthaminstitute\/"},{"@type":"ListItem","position":2,"name":"Events","item":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/"},{"@type":"ListItem","position":3,"name":"Grantham Workshop","item":"https:\/\/www.lse.ac.uk\/granthaminstitute\/event-type\/grantham-workshop\/"},{"@type":"ListItem","position":4,"name":"Inequality Aversion and the Environment | Frank Venmans and Ben Groom"}]},{"@type":"WebSite","@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/#website","url":"https:\/\/www.lse.ac.uk\/granthaminstitute\/","name":"Grantham Research Institute on climate change and the environment","description":"The Grantham Research Institute at LSE carries out world-class research on climate change and the environment.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"}]}},"taxonomies":{"event-type":["Grantham Workshop"]},"_links":{"self":[{"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/event\/44567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/event"}],"about":[{"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/types\/event"}],"author":[{"embeddable":true,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/users\/12"}],"version-history":[{"count":0,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/event\/44567\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/media?parent=44567"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/tags?post=44567"},{"taxonomy":"event-type","embeddable":true,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/event-type?post=44567"},{"taxonomy":"topic_area","embeddable":true,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/topic_area?post=44567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

{"id":44567,"date":"2019-03-14T09:18:53","date_gmt":"2019-03-14T09:18:53","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=event&p=44567"},"modified":"2019-05-29T10:03:31","modified_gmt":"2019-05-29T09:03:31","slug":"grantham-workshop-frank-venmans-and-ben-groom","status":"publish","type":"event","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/","title":{"rendered":"Inequality Aversion and the Environment | Frank Venmans and Ben Groom"},"content":{"rendered":"\n

Frank Venmans and Ben Groom will be discussing their paper Inequality Aversion and the Environment.<\/em><\/p>\n

Abstract<\/strong><\/p>\n

Measures of inequality aversion and pure time preference are elicited in environmental domains using hypothetical decision tasks. Estimates are elicited using comparisons of inequalities across space and time, with gain\/loss and past\/present
\ncontextual framing. Inequality aversion is shown to depend on the environmental domain, time and space and framing. Inequality aversion is lower in the temporal than in the spatial domain, and lower still if the future is ‘green’ rather than ‘brown’ for air pollution, forests, and soil fertility. Pure time preference also differs across
\nenvironmental domains and framing. The results cast doubt on the classical Utilitarian formulation of inter-temporal social welfare, but provide empirical evidence to calibrate dual discount rates or changing relative prices. This is important for welfare evaluation of long-term interventions with environmental consequences, like
\nclimate change mitigation or biodiversity conservation.<\/p>\n\n","protected":false},"excerpt":{"rendered":"\n

Frank Venmans and Ben Groom will be discussing their paper Inequality Aversion and the Environment. Abstract Measures of inequality aversion…<\/p>\n\n","protected":false},"author":12,"featured_media":0,"template":"","tags":[],"event-type":[37],"topic_area":[],"class_list":["post-44567","event","type-event","status-publish","hentry","event-type-grantham-workshop"],"acf":{"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"start_date":{"ref_value":"field_52f56b18a98ba","value":"20190529","type":false,"post_type":""},"start_time":{"ref_value":"field_52f56b33a98bb","value":"12:30:00","type":false,"post_type":""},"end_date":{"ref_value":"field_52f56bb58f239","value":"20190529","type":false,"post_type":""},"end_time":{"ref_value":"field_52f56bd38f23a","value":"14:00:00","type":false,"post_type":""},"event_venue":{"ref_value":"field_531c65c575d35","value":"LSE, FAW, 9.05","type":false,"post_type":""},"external_speaker":{"ref_value":"field_5374dcb208782","value":"","type":false,"post_type":""},"eventbrite_link":{"ref_value":"field_52f59e0b20728","value":"","type":false,"post_type":""},"location":{"ref_value":"field_559cf9dc612b6","value":"","type":false,"post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["frank-venmans","ben-groom"],"type":"relationship","post_type":"profile"},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""}},"yoast_head":"\nInequality Aversion and the Environment | Frank Venmans and Ben Groom - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inequality Aversion and the Environment | Frank Venmans and Ben Groom - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"Frank Venmans and Ben Groom will be discussing their paper Inequality Aversion and the Environment. Abstract Measures of inequality aversion...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/\" \/>\n<meta property=\"og:site_name\" content=\"Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"article:modified_time\" content=\"2019-05-29T09:03:31+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/grantham-workshop-frank-venmans-and-ben-groom\\\/\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/grantham-workshop-frank-venmans-and-ben-groom\\\/\",\"name\":\"Inequality Aversion and the Environment | Frank Venmans and Ben Groom - Grantham Research Institute on climate change and the environment\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/#website\"},\"datePublished\":\"2019-03-14T09:18:53+00:00\",\"dateModified\":\"2019-05-29T09:03:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/grantham-workshop-frank-venmans-and-ben-groom\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/grantham-workshop-frank-venmans-and-ben-groom\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/grantham-workshop-frank-venmans-and-ben-groom\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Events\",\"item\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Grantham Workshop\",\"item\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/event-type\\\/grantham-workshop\\\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Inequality Aversion and the Environment | Frank Venmans and Ben Groom\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/#website\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/\",\"name\":\"Grantham Research Institute on climate change and the environment\",\"description\":\"The Grantham Research Institute at LSE carries out world-class research on climate change and the environment.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"}]}<\/script>\n","yoast_head_json":{"title":"Inequality Aversion and the Environment | Frank Venmans and Ben Groom - Grantham Research Institute on climate change and the environment","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/","og_locale":"en_GB","og_type":"article","og_title":"Inequality Aversion and the Environment | Frank Venmans and Ben Groom - Grantham Research Institute on climate change and the environment","og_description":"Frank Venmans and Ben Groom will be discussing their paper Inequality Aversion and the Environment. Abstract Measures of inequality aversion...","og_url":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/","og_site_name":"Grantham Research Institute on climate change and the environment","article_modified_time":"2019-05-29T09:03:31+00:00","twitter_card":"summary_large_image","twitter_misc":{"Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/","url":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/","name":"Inequality Aversion and the Environment | Frank Venmans and Ben Groom - Grantham Research Institute on climate change and the environment","isPartOf":{"@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/#website"},"datePublished":"2019-03-14T09:18:53+00:00","dateModified":"2019-05-29T09:03:31+00:00","breadcrumb":{"@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-workshop-frank-venmans-and-ben-groom\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.lse.ac.uk\/granthaminstitute\/"},{"@type":"ListItem","position":2,"name":"Events","item":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/"},{"@type":"ListItem","position":3,"name":"Grantham Workshop","item":"https:\/\/www.lse.ac.uk\/granthaminstitute\/event-type\/grantham-workshop\/"},{"@type":"ListItem","position":4,"name":"Inequality Aversion and the Environment | Frank Venmans and Ben Groom"}]},{"@type":"WebSite","@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/#website","url":"https:\/\/www.lse.ac.uk\/granthaminstitute\/","name":"Grantham Research Institute on climate change and the environment","description":"The Grantham Research Institute at LSE carries out world-class research on climate change and the environment.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"}]}},"taxonomies":{"event-type":["Grantham Workshop"]},"_links":{"self":[{"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/event\/44567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/event"}],"about":[{"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/types\/event"}],"author":[{"embeddable":true,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/users\/12"}],"version-history":[{"count":0,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/event\/44567\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/media?parent=44567"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/tags?post=44567"},{"taxonomy":"event-type","embeddable":true,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/event-type?post=44567"},{"taxonomy":"topic_area","embeddable":true,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/topic_area?post=44567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}