Bag Waste Econ Psych 1 - THIS IS A SAMPLE PAPER AND SHOULD...

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THIS IS A SAMPLE PAPER AND SHOULD NOT BE COPIED Plastic Bags, Economics, and Psychology: Contrasting Incentives Commodities that make life in the short run easier, cheaper, and faster are gradually becoming long run environmental hazards. Global warming, logging, and hazardous waste are just a few of the problems gradually turning into epidemics. Over the past decade the use of plastic bags has turned into one of these problems plaguing various aspects of the environment from the soil to the ocean. By studying consumer- producer interaction and the individual psyche, both economists and psychologists respectively can cause a massive impact in the population’s behavior towards responsible bag use and environmental consciousness. Both social sciences have the same goal of changing the population’s behavior, reducing bag consumption, and increasing bag recycling, but each have different means of doing so. Deciphering between the two social sciences’ incentives reveals the core difference between an economic solution and a psychological solution. Economists have the complicated tasks of providing financial and moral incentives. On top of this, there must be a distinction or collaboration between positive and normative economic solutions. Contrarily, psychologists set out with no particular type of incentive, rather they try to find an exhaustible list of possible incentives in order to test their effects on individuals. However, there is some overlap; economic and psychological incentives often times are monetary.
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