Table 1 Indifference valuations

From: Financial professionals and climate experts have diverging perspectives on climate action

 

(1)

(2)

(3)

Finance Prof.

−58.84*** (11.00)

−28.24* (12.96)

−26.20* (12.94)

Age

 

1.82*** (0.58)

1.63** (0.58)

Female

 

37.68** (14.58)

35.20* (14.43)

Political Left

 

69.39* (27.83)

63.28* (27.58)

Political Right

 

−13.48 (34.48)

6.49 (35.36)

CC Seriousness

  

20.23* (8.74)

CC Impact Prob.

  

−5.55 (5.30)

Constant

201.56*** (8.72)

91.59*** (27.46)

60.78 (32.46)

Observations

605

536

536

  1. Interval regressions. Finance Prof. is an indicator for the sample of financial professionals; Political Left (Right) [0, 1] expresses the strength of the respondent’s political view in the respective direction; CC Seriousness and CC Impact Prob. are 6-point Likert scale responses from −3 to +3, expressing the perceived seriousness of the climate crisis and the likelihood that it will have an impact on the economic situation. Robust standard errors in parentheses *p < 0.05, **p < 0.01, ***p < 0.005;