Behavioral Biases Against Sustainable Development

Due to competitive consumption, many products have been thrown out.

This type of consumption causes a heavy burden on the environment and natural resources. Thus, to accelerate the transition to a low-carbon economy or sustainability, consumers need to switch from competitive to collaborative consumption. Firms and investors also need to change their behaviors to support sustainability.

Attachment is this week’s slide that you can use to help you watch this week’s lesson.