Experiments in Environmental Economics, Volumes I and II

1st Edition

Jason F. Shogren

Routledge
Published December 14, 2017
Reference - 556 Pages
ISBN 9781138717398 - CAT# Y325195
Series: Routledge Revivals

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Summary

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.

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