#2508. Path dependence, self-fulfilling expectations, and carbon lock-in
October 2026 | publication date |
Proposal available till | 30-05-2025 |
4 total number of authors per manuscript | 4010 $ |
The title of the journal is available only for the authors who have already paid for |
|
|
Journal’s subject area: |
Economics and Econometrics; |
Places in the authors’ list:
1 place - free (for sale)
2 place - free (for sale)
3 place - free (for sale)
4 place - free (for sale)
Abstract:
The article analyzes the economics of carbon capture through the prism of path dependence and self-fulfilling expectations. The established base creates a trajectory-dependent effect that encourages prospective households to continue to join the current dirty regime rather than switch to a clean alternative. Switching can be the result of an expectation based choice if expectations are generated for an expanding net mode that outweighs the path dependent effect.
Keywords:
Carbon lock-in; Endogenous technological change; Self-fulfilling expectations
Contacts :