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Davide Pace

@ddpace.bsky.social
848 followers 367 following 65 posts

Behavioral economist at LMU Munich - opinions are mine. Working on: cognitive economics and climate change. sites.google.com/view/davidedpace

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Reposted by Davide Pace
Joel van der Weele @joelvdweele.bsky.social · 17/04/2026
Proud of this paper; five years in the making. Correcting consumer beliefs about carbon impact of meat products (controlling for salience and social norms) does *not* lead to any change in consumption behavior in our setting. Any effects of carbon labels are likely to work through salience/norms.
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AERE @aereorg.bsky.social · 16/04/2026
📢 Just accepted in #JAERE! 📢 "Correcting Consumer Misperceptions about CO2 Emissions" by Taisuke Imai, Davide D. Pace @ddpace.bsky.social, Peter Schwardmann, and Joel J. van der Weele @joelvdweele.bsky.social. 📎 Read it here: buff.ly/bEoFyEq 📉📈 #EconSky
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Davide Pace @ddpace.bsky.social · 25/02/2026
Last 3 days to apply!
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Davide Pace @ddpace.bsky.social · 18/02/2026
10 days left to apply! 👇 Keynotes: Marcella Alsan (Stanford University) and Dmitry Taubinsky (UC Berkeley).
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Georg Weizsäcker @georgweizsaecker.bsky.social · 13/02/2026
“CO2 was never a pollutant.” Words Can Kill 101. Gift article: www.nytimes.com/2026/02/12/c...
nytimes.com
Trump Administration Erases the Government’s Power to Fight Climate Change
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CRC Rationality & Competition @rationalitycrc.bsky.social · 20/01/2026
📣 Call for Papers | Riederau Workshop on People’s Understanding of and Support for Economic Policies We are pleased to announce the Riederau Workshop on People’s Understanding of and Support for Economic Policies, taking place 8–10 September 2026 in Riederau am Ammersee (Germany).
econexperiments.eu
Workshop Homepage
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Georg Weizsäcker @georgweizsaecker.bsky.social · 18/01/2026
Urgency everywhere, but there are also reasons for 🇪🇺 leaders to play the long game (react calmly) even though MAGA is criminal & dangerous. 1. maximum support for 🇺🇦, keeping 🇺🇸 on the team 2. buy time for military, tech, trade 3. AfD & Co can't score if people are more anti MAGA than gov't
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Sophie in't Veld @sophieintveld.bsky.social · 07/01/2026
If grovelling to Trump is meant to buy us time to end our dependency on the US, you’d expect feverish activity in Europe to rapidly become autonomous. So has Europe made good use of the time it has bought with self-humiliation? It has not. My blog: open.substack.com/pub/sophiein...
open.substack.com
Playtime is over
Europe cannot afford to waste more time
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Davide Pace @ddpace.bsky.social · 03/01/2026
"Europeans can be proud of their development model" Indeed! Time to decouple from the US and fly the flag of the liberal and welfare state our forefathers built after WWII. 🇪🇺 We can be a better beacon for the free world. 🇪🇺
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Economics LMU Munich @econmunich.bsky.social · 16/12/2025
📢Call for Applications: Munich Graduate School of Economics (MGSE) @lmumuenchen.bsky.social is inviting applications for fully funded doctoral positions starting October 2026! ❗ Deadline: Jan 31, 2026 Online application tool: lmy.de/SKRWv More info: lmy.de/ZLXgm
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CRC Rationality & Competition @rationalitycrc.bsky.social · 15/12/2025
How information campaigns can fall short even if they successfully correct beliefs: Our experiments show that correcting consumers' large underestimations of which products cause high emissions does not have an effect on their actual consumption decisions.
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Correcting misunderstandings about CO2 emissions doesn’t help to fight climate change
Imai, Pace, Schwardmann & van der Weele "Correcting Consumer Misperceptions About CO2 Emissions" CRC Discussion Paper No. 529
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Georg Weizsäcker @georgweizsaecker.bsky.social · 11/12/2025
In 2025 this youthy conference was fantastic 👇🏼 for 2026 #Econsky
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Mark A. Hanson @hansonmark.bsky.social · 11/11/2025
We wrote the Strain on scientific publishing to highlight the problems of time & trust. With a fantastic group of co-authors, we present The Drain of Scientific Publishing: a 🧵 1/n Drain: arxiv.org/abs/2511.04820 Strain: direct.mit.edu/qss/article/... Oligopoly: direct.mit.edu/qss/article/...
A table showing profit margins of major publishers. A snippet of text related to this table is below.

1. The four-fold drain
1.1 Money
Currently, academic publishing is dominated by profit-oriented, multinational companies for
whom scientific knowledge is a commodity to be sold back to the academic community who
created it. The dominant four are Elsevier, Springer Nature, Wiley and Taylor & Francis,
which collectively generated over US$7.1 billion in revenue from journal publishing in 2024
alone, and over US$12 billion in profits between 2019 and 2024 (Table 1A). Their profit
margins have always been over 30% in the last five years, and for the largest publisher
(Elsevier) always over 37%.
Against many comparators, across many sectors, scientific publishing is one of the most
consistently profitable industries (Table S1). These financial arrangements make a substantial
difference to science budgets. In 2024, 46% of Elsevier revenues and 53% of Taylor &
Francis revenues were generated in North America, meaning that North American
researchers were charged over US$2.27 billion by just two for-profit publishers. The
Canadian research councils and the US National Science Foundation were allocated US$9.3
billion in that year.A figure detailing the drain on researcher time.

1. The four-fold drain

1.2 Time
The number of papers published each year is growing faster than the scientific workforce,
with the number of papers per researcher almost doubling between 1996 and 2022 (Figure
1A). This reflects the fact that publishers’ commercial desire to publish (sell) more material
has aligned well with the competitive prestige culture in which publications help secure jobs,
grants, promotions, and awards. To the extent that this growth is driven by a pressure for
profit, rather than scholarly imperatives, it distorts the way researchers spend their time.
The publishing system depends on unpaid reviewer labour, estimated to be over 130 million
unpaid hours annually in 2020 alone (9). Researchers have complained about the demands of
peer-review for decades, but the scale of the problem is now worse, with editors reporting
widespread difficulties recruiting reviewers. The growth in publications involves not only the
authors’ time, but that of academic editors and reviewers who are dealing with so many
review demands.
Even more seriously, the imperative to produce ever more articles reshapes the nature of
scientific inquiry. Evidence across multiple fields shows that more papers result in
‘ossification’, not new ideas (10). It may seem paradoxical that more papers can slow
progress until one considers how it affects researchers’ time. While rewards remain tied to
volume, prestige, and impact of publications, researchers will be nudged away from riskier,
local, interdisciplinary, and long-term work. The result is a treadmill of constant activity with
limited progress whereas core scholarly practices – such as reading, reflecting and engaging
with others’ contributions – is de-prioritized. What looks like productivity often masks
intellectual exhaustion built on a demoralizing, narrowing scientific vision.A table of profit margins across industries. The section of text related to this table is below:

1. The four-fold drain
1.1 Money
Currently, academic publishing is dominated by profit-oriented, multinational companies for
whom scientific knowledge is a commodity to be sold back to the academic community who
created it. The dominant four are Elsevier, Springer Nature, Wiley and Taylor & Francis,
which collectively generated over US$7.1 billion in revenue from journal publishing in 2024
alone, and over US$12 billion in profits between 2019 and 2024 (Table 1A). Their profit
margins have always been over 30% in the last five years, and for the largest publisher
(Elsevier) always over 37%.
Against many comparators, across many sectors, scientific publishing is one of the most
consistently profitable industries (Table S1). These financial arrangements make a substantial
difference to science budgets. In 2024, 46% of Elsevier revenues and 53% of Taylor &
Francis revenues were generated in North America, meaning that North American
researchers were charged over US$2.27 billion by just two for-profit publishers. The
Canadian research councils and the US National Science Foundation were allocated US$9.3
billion in that year.The costs of inaction are plain: wasted public funds, lost researcher time, compromised
scientific integrity and eroded public trust. Today, the system rewards commercial publishers
first, and science second. Without bold action from the funders we risk continuing to pour
resources into a system that prioritizes profit over the advancement of scientific knowledge.
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eayeconomists.bsky.social @eayeconomists.bsky.social · 22/09/2025
🚨 Call for Papers! The 2026 EAYE Annual Meeting will take place at the University of the Basque Country 🇪🇸 on 18–20 May 2026 📅 Submit your paper or extended abstract by 1 Dec 2025 via CMT #EAYE2026
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Ala Alrababah @aalrababah.bsky.social · 16/09/2025
🚨 New working paper alert 🚨 Missing summer — and the Tour de France? Don’t worry, we got you covered. 🚴‍♂️🚴‍♂️🚴‍♂️ In this paper, we show that being on the route of Tour de France reduces far-right voting. osf.io/preprints/so...
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Paul Krugman @pkrugman.bsky.social · 25/08/2025
If you think the attack on the Fed's Lisa Cook has nothing to do with you, you're wrong — any one of us may be next paulkrugman.substack.com/p/we-are-all...
paulkrugman.substack.com
We Are All Lisa Cook
Nobody is safe from weaponized government
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Mark A. Hanson @hansonmark.bsky.social · 04/08/2025
If I could change one thing about #ScientificPublishing I'd ask funding bodies to stipulate all work they fund be published in non-profit journals. The knock-on effects would alleviate most of the strain on #AcademicSky. This isn't hard. It's big, but actually, it's pretty easy. 1/n
direct.mit.edu
The strain on scientific publishing
Abstract. Scientists are increasingly overwhelmed by the volume of articles being published. The total number of articles indexed in Scopus and Web of Science has grown exponentially in recent years; ...
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Carl T. Bergstrom @carlbergstrom.com · 25/06/2025
A few months ago, Nature published how-to guide for using ChatGPT to write your peer reviews in 30 minutes. This is, of course, a horrible idea. Here’s my response with @jbakcoleman.bsky.social .
nature.com
AI, peer review and the human activity of science
When researchers cede their scientific judgement to machines, we lose something important.
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Paolo Crosetto @paolocrosetto.bsky.social · 15/06/2025
Springer-Nature launched a series of "Discover" journals that closely mimic MDPI titles -- sharing *identical* journal names, and likely similar business model. What is going on, and why researcher will - as always - fall for it? A 🧵 the-strain-on-scientific-publishing.github.io/website/post...
the-strain-on-scientific-publishing.github.io
Springer Nature Discovers MDPI – The Strain on Scientific Publishing
Home page for the paper ‘The Strain on Scientific Publishing’ by Mark A Hanson, Dan Brockington, Paolo Crosetto and Pablo Gomez Barreiro
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Paolo Crosetto @paolocrosetto.bsky.social · 06/06/2025
If you are a scientist in any field or just plainly a curious human being do subscribe to Andrea's substack. It contains and will keep delivering the most unexpected "oh! I didn't know that! Makes sense!" moments in your near future.
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Davide Pace @ddpace.bsky.social · 21/05/2025
How do social interactions foster or hamper delusional beliefs? This is the most pressing open question in the literature on motivated beliefs. Great to see progress being made 👇
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Davide Pace @ddpace.bsky.social · 05/05/2025
"Voters Like Climate Policies More Than You Think". New policy piece for EconPol Forum based on recent research findings www.ifo.de/en/econpol/p... Key messages: 1️⃣ Voters are willing to make sacrifices for climate change, and they endorse costly climate policies #EconSky #ClimateChange 1/3
ifo.de
Voters Like Climate Policies More Than You Think | ifo Institute
Key Messages Voters are willing to make sacrifices for climate change, and they endorse costly climate policies. Voters support green investments even when the investments are funded via carbon taxes....
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Simon Columbus @simoncolumbus.bsky.social · 07/04/2025
"pre-registration has now become mainstream in experimental economics" New preprint by Taisuke Imai et al.: osf.io/preprints/me...
Abstract: The  open  science  movement  has  gained  significant  momentum  over  the  past  decade, with pre-registration and the use of pre-analysis plans being central to ongoing debates. Combining observational evidence on trends in adoption with survey data from 519 re-searchers, this study examines the adoption of pre-registration (potentially but not necessarily including pre-analysis plans) in experimental economics. Pooling statistics from 19 leading journals published between 2017 and 2023, we observe that the number of papers containing a pre-registration grew from seven per year to 190 per year. Our findings indicate that pre-registration has now become mainstream in experimental economics, with two-thirds of respondents expressing favorable views and 86% having pre-registered at least one study.  However, opinions are divided on the scope and comprehensiveness of pre-registration, highlighting the need for clearer guidelines. Researchers assign a credibility premium to pre-registered tests, although the exact channels remain to be understood.  Our results suggest growing support for open science practices among experimental economists, with demand for professional associations to guide researchers and reviewers on best practices for pre-registration and other open science initiatives.
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Lab² @labsquare.net · 31/03/2025
🔔 Call for Participation 🔔 Lab² is inviting researchers to take part in a multi-analyst study on the effects of having daughters on various outcomes. Join this metascience project as a co-author and gain the opportunity to work with SOEP data!
manydaughters.com
#ManyDaughters
Many Analysts
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Adrien Fabre @adrien-fabre.bsky.social · 01/04/2025
🤩🤩 Paper finally out in the AER! With my co-authors (incl. @bluebery-planterose.com & @s-stantcheva.bsky.social) we surveyed climate attitudes in 20 countries covering 72% of global emissions. In brief, people want ambitious, global, and fair climate policies. A 🧵⬇️ www.aeaweb.org/articles?id=...
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Jörg Oechssler @oechssler.bsky.social · 27/03/2025
I have a postdoc position in Behavioral/Experimental Economics available for 6 years, at the oldest university in Germany in beautiful Heidelberg. Please forward to anyone who might be interested! #EconJobs #AcademicJobs #HigherEd #Economics #JobAlert
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Davide Pace @ddpace.bsky.social · 09/03/2025
Last few hours to square your contribution to 🇺🇦!
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John Burn-Murdoch @jburnmurdoch.ft.com · 07/03/2025
NEW: The actions of Trump and Vance in recent weeks highlight something under-appreciated. The American right is now ideologically closer to countries like Russia, Turkey and in some senses China, than to the rest of the west (even the conservative west). My column: www.ft.com/content/3046...
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csteinwender.bsky.social @csteinwender.bsky.social · 06/03/2025
we are looking for an Associate Professor (tenure track) in applied Economics, pls share: www.timeshighereducation.com/unijobs/list...
timeshighereducation.com
Professorship (W2) of AI in Economics - Munich (City), Bavaria, Germany job with LUDWIG MAXIMILIANS UNIVERSITAET MUENCHEN | 389325
All AI that are relevant to the field of economics under the application of modern statistical methods will be expected to teach courses at all levels
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Carl T. Bergstrom @carlbergstrom.com · 06/03/2025
Let's talk about this Nature piece in more detail. I've rarely read something so anti-scientific anywhere short of the National Review. www.nature.com/articles/d41...
nature.com
Three AI-powered steps to faster, smarter peer review
Tired of spending countless hours on peer reviews? An AI-assisted workflow could help.
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Georg Weizsäcker @georgweizsaecker.bsky.social · 05/03/2025
Support for Ukraine at "Your contribution squared" is up and up ↗️: 100 people who each give at least 100€. The bang for the buck, ↗️ even more: only a single step (e.g., to 101) moves the total by more than 200€. An opportunity to be effective. Please pass it on. yourcontributionsquared.eu
yourcontributionsquared.eu
Your Contribution Squared
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Georg Weizsäcker @georgweizsaecker.bsky.social · 03/03/2025
If one person gives a euro to Ukraine, the result is €1. If two people give 2 each, it is €4. If 3,000 give 3,000 each, it is 9 million. Let’s coordinate, here 👇 and please re-post to spread the word. yourcontributionsquared.eu/en/
yourcontributionsquared.eu
Your Contribution Squared
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Gabriel Zucman @gabrielzucman.bsky.social · 28/02/2025
If it’s a trade war Trump wants, consumers in Mexico, Canada, Europe, and beyond should unite to ensure that Musk and his fellow oligarchs feel the cost www.project-syndicate.org/commentary/o...
project-syndicate.org
America’s Oligarchs Are Trump’s Achilles’ Heel | by Gabriel Zucman - Project Syndicate
Gabriel Zucman proposes that countries targeted by US tariffs retaliate with taxes on Elon Musk and his peers.
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Katharina Bruett @katharinabruett.bsky.social · 25/02/2025
Come join us for the 'Gender in Society' Summer Course at the @tinbergeninstitute.bsky.social in Amsterdam! This was a lot of fun to teach last year, very much looking forward to doing this again 🤩
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Georg Weizsäcker @georgweizsaecker.bsky.social · 16/02/2025
A thread worth reading
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Erik Angner @erikangner.com · 11/02/2025
Don’t know how to express this forcefully enough but sometimes dudes have to say something for people to listen ➡️ Women and girls belong in science and we’re all better off bc of our trans and cis female mentors, colleagues, and students 🙏
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Tobias Werner @tfwerner.com · 24/01/2025
Just used Gemini Live to participate in a beh. experiment without even reading the instructions or speaking the language. LLMs acting as participants on platforms like Prolific could pollute data meant to study humans. With OpenAI’s operator model, this issue is growing. 🎥👇 youtu.be/NujyGZSA7Hg
youtu.be
Participating in a behavioral experiment with Gemini Live
YouTube video by Tobias Werner
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Valeria Burdea @valeriaburdea.bsky.social · 09/02/2025
The "uncut, bloopers included" versions of these papers are in pre-production! Great initiative!!
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Davide Pace @ddpace.bsky.social · 08/02/2025
But not Italy... Shame on our government. I wonder how long it will take before Giorgia Meloni will also be internationally considered a threat to democracy. Her government attacks the independence of the judiciary daily. Time to stop seeing her as harmless just because she is close to the US.
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Fabio Sabatini @fabiosabatini.bsky.social · 06/02/2025
🧵 In sole due settimane, Musk sta smantellando il sistema pubblico della ricerca negli Stati Uniti, con danni incalcolabili e duraturi per gli interessi americani e il benessere del resto del mondo. Perché dovremmo preoccuparcene tutti, anche in Europa. 👇 1/19
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Shengwu Li @shengwuli.bsky.social · 07/02/2025
🚨 Oprea (2024 AER) argued that prospect theory choice anomalies were not due to risk, but due to complexity-driven mistakes. But this new analysis convinces me that Oprea (2024) is substantially wrong. In my opinion, the paper should be retracted.
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Mathias Bühler @mathiasbuehler.bsky.social · 28/01/2025
Bitte. Es wird Zeit wenn 2 Tonnen Auto durch die Straßen rasen und jede Woche (!) ein Kind auf Deutschlands Straßen stirbt! Daran sollten @cducsueuropa.bsky.social @gruene.de arbeiten; es sterben vielmals mehr Kinder im Straßenverkehr als durch Migranten, Asylbewerber, oder zugezogene.
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Shengwu Li @shengwuli.bsky.social · 22/01/2025
I did a NYT video interview—along with voices from Hungary, Nicaragua, and Russia— about how repression works in authoritarian states. www.nytimes.com/video/opinio...
nytimes.com
Video: Opinion | How Tyranny Begins
Tyranny doesn’t happen overnight. Take it from the people who missed the first signs.
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Thomas Meissner @thomasmeissner.bsky.social · 22/01/2025
🚨Call for papers🚨 Join us for M-BEES and M-BEPS in Maastricht this year, on June 10 & 11 2025! Deadline: March 1 We have some amazing keynote speakers this year: Rachel Kranton Guillaume Fréchette Marc Gurgand Axel Ockenfels More details👇 tinyurl.com/58a5c75v #EconSky
tinyurl.com
M-BEES & M-BEPS
Keynote Speakers 17th Maastricht Behavioral and Experimental Economics Symposium (M-BEES, June 10, 2025): Rachel Kranton (Duke University) Guillaume Fréchette (New York University) 10th Maastricht...
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Lab² @labsquare.net · 17/01/2025
📢 Save the date! The Metascience 2025 conference, hosted by the Research on Research Institute, is happening June 30–July 2 at University College London. Proposals are due by February 7. ⏳ Learn more: opusproject.eu/openscience-...
opusproject.eu
Metascience 2025: A Global Summit to Advance the Science of Science - Open and Universal Science (OPUS) Project
Metascience, the study of science itself, has rapidly gained momentum as a transformative field. By applying scientific methods to analyze and improve the research system, it has attracted a diverse a...
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Ketan Joshi @ketanjoshi.co · 17/01/2025
I think this is one of my favourite colourful climate chart type things, because it depicts two things at once: - Things are going to get worse, no matter what - The degree to which they get worse depends on decisions made today theconversation.com/my-new-dark-... by @edhawkins.org
a colourful blue, orange, red and purple chart showing a light and dar kblue history for temperatures, recent shifts upwards through orange and light red, and two futures: one of light and dark red (1.5c), and one of deep purple (3c and more)
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Ben Golub @bengolub.bsky.social · 15/01/2025
The discussion ending at this tweet is very smart on both sides ( @lugaricano.bsky.social and @shengwuli.bsky.social ), reasonably spicy, and fun to read.
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Economics LMU Munich @econmunich.bsky.social · 14/01/2025
🌍💡 @ddpace.bsky.social shares key insights from the paper “How to Increase Public Support for Carbon Pricing with Revenue Recycling?” by A. Woerner, T. Imai, D. Pace, and K. Schmidt. 👉 Read the interview here: www.econ.lmu.de/en/latest-ne... 🔗 Access the paper: www.nature.com/articles/s41...
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csteinwender.bsky.social @csteinwender.bsky.social · 14/01/2025
Pls share: Davide Cantoni and me are looking for pre-doc research assistants to work on projects in international economics and econ history! For details, see: bit.ly/4gSNIVh
bit.ly
2025 LMU_Predoc_jobad_Steinwender Cantoni_v2.pdf
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