Yu Gao

13 articles written by Yu Gao

In a recent experiment we conducted in China, we found that the current level of air pollution may matter for a decision related to acquire or not new LED light bulbs…

Does growing up in a disadvantaged social environment affect a person’s earnings, education, health, crime involvement and other life outcomes? People’s various concerns can lead to two opposite directions: one the one hand, a disadvantaged area may depress life outcomes …

There are two kinds of uncertainties in life. For the first type, you have information sources like weather forecasts, drug-package inserts, and mutual-fund brochures, all of which provide descriptions of possible outcomes (rainy or sunny, various complications, potential profits) and probabilities. …

It may sound counter-intuitive that people would strategically avoid costless useful information. However, it is already observed that people indeed avoid information actively in various situations, from finance to management or even mourning…

Utility companies are replacing traditional electric, gas and water meters with smart meters. Privacy concerns arise because the smart meters collect detailed energy usage, knowing for instance when you cook or you watch TV, whether you are home or not, when you turn …

After COP21 had successfully been concluded in Paris, the focus of climate negotiations will now on be on Nationally determined contributions to be revised each 5 years, “reflecting the highest possible ambition”, but also “common but differentiated responsibilities and respective capabilities”. Forthcoming contributions and …