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Does Paying to Pollute Reduce the Moral Stigma of Pollution?

Date&Time: December 9 (Friday), 2022, 10:00 AM – 11:00 AM (Beijing Time)

Speaker: Prof. Hajin Kim, Assistant Professor of Law, University of Chicago Law School

Moderator: Prof. Norman P. Ho, Peking University School of Transnational Law

Venue: Online

Zoom Meeting ID and Passcode: 891 4211 7811 (Passcode: 782071)

Language: English

Abstract: Market-based instruments (for example, pollution taxes and cap-and-trade programs) are increasingly popular. Social scientists applaud this trend because, in theory, market-based instruments can reduce pollution at lower cost than traditional command-and-control tools. An oft-made objection is that market-based regulations commoditize pollution—they reduce the moral stigma of pollution because they make it just another product that is bought and sold. This project will empirically evaluate this objection.

Bio: Hajin Kim is an Assistant Professor of Law at the University of Chicago Law School. She uses principles from social psychology and economics to examine how moral and social influence can shape environmental regulation and firm behavior. Hajin received her BA in economics, summa cum laude, from Harvard, her JD from Stanford Law School, and her PhD from Stanford's Emmett Interdisciplinary Program in Environment and Resources. Before attending Stanford, Hajin worked for the Boston Consulting Group. She clerked for Judge Paul Watford of the US Court of Appeals for the Ninth Circuit and Justice Ruth Bader Ginsburg of the US Supreme Court.

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