Using Experimental Methods in Environmental and Resource Economics PDF Download

Author: John A. List
Publisher: Edward Elgar Publishing
ISBN: 1847203043
Category : Business & Economics
Languages : en
Pages : 199

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Book Description
This book explores frontier work at the intersection of experimental and environmental economics. It focuses on improving benefit - cost analysis, which remains the hallmark of public policy decision-making around the globe. It also explores important aspects associated with optimal resource use and regulation of resources.

Author: John A. List
Publisher: Edward Elgar Publishing
ISBN: 1781009074
Category : Business & Economics
Languages : en
Pages : 521

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Book Description
'Until not much more than 20 years ago, economists frequently lamented the fact that they were limited in their empirical analyses to statistical assessments of market behavior, because controlled economic experiments were (thought to be) infeasible, unethical, or both. Much has changed in the intervening years! In this new volume, John List, Michael Price, and their co-authors provide a diverse set of applications of experimental approaches to the environmental economics realm. This is among the most promising of new areas of research in the economics of the environment, and this book provides a superb point of entry for experts and novices alike.' – Robert Stavins, Harvard University, US Laboratory and field experiments have grown significantly in prominence over the past decade. The experimental method provides randomization in key variables therefore permitting a deeper understanding of important economic phenomena. This path-breaking volume provides a valuable collection of experimental work within the area of environmental and resource economics and showcases how laboratory and field experiments can be used for both positive and normative purposes. The Handbook provides a timely reminder to social scientists, policymakers, international bodies, and practitioners that appropriate decision-making relies on immediate and sharp feedback, both of which are key features of proper experimentation. This book includes a collection of research that makes use of the experimental method to explore key issues within environmental and resource economics that will prove invaluable for both students and academics working in these areas.

Author: Todd L. Cherry
Publisher: Routledge
ISBN: 1135985758
Category : Business & Economics
Languages : en
Pages : 512

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Book Description
The experimental method is one commonly applied to issues of environmental economics; this book brings together 63 leading researchers in the area and their latest work exploring the behavioural underpinnings of experimental environmental economics. The essays in this volume will be illuminating for both researchers and practitioners, specific

Author: Jason F. Shogren
Publisher: Routledge
ISBN: 1351766805
Category : Social Science
Languages : en
Pages : 556

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Book Description
This title was first published in 2003.Over the decades, experiential methods have become an established research tool in environmental economics. Economists working in this area have realised that experimental methods from economics and other disciplines such as psychology and decision theory can be applied to gain insight into the behavioral underpinnings of environmental policy. Economic experiments, in the lab and field, are an attractive tool to address the incentive and contextual questions that arise in environmental policy. Experiments have been and continue to be designed to capture the key elements of market and non-market choices to test theory, for pattern recognition, to testbed new institutions, and to value public goods, including environmental protection. This volume collects the most significant papers in the literature that identify the underpinnings of experimental approaches are complemented by works that specifically address the use of experimental economics to identify choice under risk, conflict, cooperation, environmental policy instruments, and environmental valuation

Author: Amitrajeet A. Batabyal
Publisher: World Scientific
ISBN: 981428923X
Category : Business & Economics
Languages : en
Pages : 475

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Book Description
Key Features:First book of its kind in the fieldExamines and analyzes how key tools are used to conduct theoretical and empirical research in natural resource and environmental economics in contemporary timesCompiles various articles and accounts concerned with the relevant pedagogical discussionWritten by recognized experts and prominent international researchers in the field.

Author: Bodo Sturm
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
It is not only the great number of papers written on environment economics that make it worth dealing with this special branch of experimental research, but the environmental problem in all its facets seems to serve as a catalyst for identifying some methodological problems of the experimental method. For this reason, we will not only try to give an overview of recent experiments in environmental economics but also add some thoughts on the methodological implications of this work. We identify three direct connecting factors for the experimental method and environmental economics. First, social dilemmas are, in many cases, at the core of environmental problems. Experiments are able to test theoretical hypotheses for individual behavior in such social dilemma situations. The second connecting factor comes from the field of applied experimental work and can be characterized as the testbedding of institutional arrangements for the solution of environmental problems. The last direct application of experimental methods to environmental economics concerns the individual evaluation of environmental resources.

Author: Amitrajeet A. Batabyal
Publisher: World Scientific
ISBN: 9814289221
Category : Business & Economics
Languages : en
Pages : 475

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Book Description
A collection of scholarly accounts and articles written by recognized experts in environmental economics, this book is the first of its kind and as a valuable reference and textual source for graduate students and active researchers. It draws together the pedagogical discussion of the key tools used to conduct theoretical and empirical research in natural resource and environmental economics. With contributions by prominent international researchers like Robert Ayres, Charles Perrings and Anastasios Xepapadeas, the book will be useful for researchers who wish to learn new techniques or change their area of research emphasis within natural resource and environmental economics or those who wish to familiarize themselves with these tools.

Author: Riccardo Scarpa
Publisher: Springer Science & Business Media
ISBN: 9781402036835
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
Simulation methods are revolutionizing the practice of applied economic analysis. In this book, leading researchers from around the world discuss interpretation issues, similarities and differences across alternative models, and propose practical solutions for the choice of the model and programming. Case studies show the practical use and the results brought forth by the different methods.

Author: Michael Getzner
Publisher: Routledge
ISBN: 1134389248
Category : Business & Economics
Languages : en
Pages : 315

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Book Description
How can we value the environment, this is the crucial issue that this book debates. The critical analyses carried out within the book by such figures as Nick Hanley and Jonathan Aldred are vital to ensuring that future economic growth is not achieved at the expense of our environment.

Author: Olivier Deschênes
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This paper examines the application of quasi-experimental methods in environmental economics. We begin with two observations: i) standard quasi-experimental methods, first applied in other microeconomic fields, typically assume unit-level treatments that do not spill over across units; (ii) because public goods, such as environmental attributes, exhibit externalities, treatment of one unit often affects other units. To explore the implications of applying standard quasi-experimental methods to public good problems, we extend the potential outcomes framework to explicitly distinguish between unit-level source and the resulting group-level exposure of a public good. This new framework serves as a foundation for reviewing and interpreting key papers from the recent empirical literature. We formally demonstrate that two common quasi-experimental estimators of the marginal social benefit of a public good can be biased due to externality spillovers, even when the source of the public good itself is quasi-randomly assigned. We propose an unbiased estimator for the valuation of local public goods and discuss how it can be implemented in future studies. Finally, we consider how to preserve the advantages of the quasi-experimental approach when valuing global public goods, such as climate change mitigation, for which no control units are available.