{"id":442,"date":"2011-08-09T08:00:10","date_gmt":"2011-08-09T13:00:10","guid":{"rendered":"http:\/\/blogs.edf.org\/markets\/?p=442"},"modified":"2011-08-08T22:45:04","modified_gmt":"2011-08-09T03:45:04","slug":"single-action-bias","status":"publish","type":"post","link":"https:\/\/blogs.edf.org\/markets\/2011\/08\/09\/single-action-bias\/","title":{"rendered":"Single-action bias"},"content":{"rendered":"<p>We all want to do something, anything. We don&#8217;t just want to sit idle and watch events unfold around us. Call it &#8220;<a href=\"http:\/\/ideas.repec.org\/p\/pra\/mprapa\/4477.html\">action bias<\/a>.&#8221; <\/p>\n<p>Then there&#8217;s &#8220;single-action bias.&#8221;<\/p>\n<p>We all want to do something, anything, but once we&#8217;ve done that one thing, we move on. For something as intractable and complex as global warming, that&#8217;s a real problem.<\/p>\n<p>Yes, replace your inefficient incandescent light bulb with more efficient compact fluorescent ones, but don&#8217;t believe for a second that single action solved the problem.<\/p>\n<p>Recycle. Just don\u2019t think it\u2019ll stop global warming. Make the planet notice.<\/p>\n<p><em>For daily musings like these, take a look at EDF economist <a href=\"http:\/\/www.gwagner.com\/blog\/\">Gernot Wagner&#8217;s personal blog<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We all want to do something, anything, but once we&#8217;ve done that one thing, we move on. For something as intractable and complex as global warming, that&#8217;s a real problem.<\/p>\n","protected":false},"author":850,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10039,9532,330],"tags":[],"coauthors":[],"class_list":["post-442","post","type-post","status-publish","format-standard","hentry","category-1000-words","category-climate-science","category-politics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Single-action bias - Market Forces<\/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:\/\/blogs.edf.org\/markets\/2011\/08\/09\/single-action-bias\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Single-action bias - Market Forces\" \/>\n<meta property=\"og:description\" content=\"We all want to do something, anything, but once we&#039;ve done that one thing, we move on. 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