Households produce a large share of the world’s greenhouse gas emissions, whether by consuming energy at home or burning fuel to travel. This makes individual actions crucial in mitigating climate change, but how can policy makers encourage more responsible behavior? Chicago Booth’s Michael Weber and his coresearchers sought to explore one possible avenue through a randomized trial, assigning respondents of a national survey in Germany to one of four treatment groups that received information from peer or expert sources about the impact of emissions on climate change and the ways people can reduce their carbon footprint. All four groups reported a greater willingness to act—in this case, to spend on carbon offsets—relative to a fifth group, a control that received no information on climate change. The researchers find that information framed as coming from peers created the strongest effect. To learn more, read “Peer Pressure Can Help Fight Climate Change.”
Illustration by Peter Arkle
Chicago Booth’s Michael Gibbs breaks down what the data tell us about hybrid work.
Does Hybrid Work, Work?
Public officials can make procurement more competitive by improving transparency—and convincing domestic companies of integrity in the system.
How Developing Countries Can Rebuild Trust in Procurement Bidding
New methods of measuring racism and sexism find a larger, systemic impact.
We’ve Been Underestimating Discrimination
The prestigious award from the American Finance Association recognizes top academics whose research has made a lasting impact on the finance field.
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At the Kilts Center’s annual Case Competition, a student team leveraged LLMs to create innovative product solutions for Microsoft.
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The Booth dean and professor (1939–2024) was an expert in microeconomics, strategy, and industrial organization and served in the US government.
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