Environmental Economics, Experimental Methods

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, specifically in relation to questions of environmental policy and how a proposed change in incentives or benefits might affect behaviour and consequently, the likely success of a policy. This book argues that the experimental evidence complements theoretic insights, field date and simulating models to improve our understanding of the underlying assumptions and incentives that drive behavioural responses to policy. Covering topical areas of interest such as tradable permit markets, common property and public goods, regulation and compliance and valuation and preferences, the critical advantage of this volume is that each section concludes with discussion points written by economists who do not use experimental methods.

Todd Cherry is the Harlan E. Boyles Professor in the Department of Economics at Appalachian State University, where he also is a research fellow at the Appalachian Energy Center. Stephan Kroll is Professor at the Department of Economics at California State University in Sacramento. Jason Shogren is the Stroock Distinguished Professor of Natural Resource Conservation and Management, and professor of economics at the University of Wyoming.

Introduction Section 1: Tradeable Permit Markets Section 2: Common Property and Public Goods Section 3: Regulation and Compliance Section 4: Valuation and Preferences