Using Experimental Methods in Environmental And Resource Economics

`John List and his collaborators have married experimental economics on the one hand with environmental and resource economics on the other. It's a happy marriage, indeed, and scholars from either camp will benefit from a careful reading of these most interesting papers.' - Paul R. Portney, University of Arizona, US

`John List is a distinguished contributor to the use of laboratory and field experimental methods to better understand economic markets and resource problems generally. This is a fine and most welcome collection focusing on environmental and resource issues.' - Vernon L. Smith, George Mason University, US

This book explores frontier work at the intersection of experimental and environmental economics, with cutting edge research provided by premier scholars in the field.

The book begins by focusing on improving benefit-cost analysis, which remains the hallmark of public policy decision-making around the globe. The contributors provide innovative avenues to credibly lead to more efficient policies. These insights should prove to be fundamental components of the valuation process. They then explore, in myriad clever ways, important aspects associated with optimal resource use and regulation of resources. Clearly these issues remain of utmost importance, both in a positive and normative sense, therefore the authors offer a good introduction to some of these issues and present logical solutions. A discussion of behavioural economics and non-market valuation is also provided.


Students and policymakers will find Using Experimental Methods in Environmental and Resource Economics of great interest.