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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...
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'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...
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Mansfield and V. Kerry Smith -- 13. Heterogeneous preferences and complex environmental goods : the case of ecosystem …
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In this paper we address two aspects of regulatory federalism in U.S. environmental policy. First, we suggest that environmental quality in U.S. states responds positively to increases in income. Second, we provide evidence that environmental quality did not decline when President Reagan's...
Persistent link: https://www.econbiz.de/10014037397
The goal of this paper is to provide an investigation of several approaches to valuing ecosystem services and to … contribute additional techniques which may be used in evaluating `green' GDP accounts. Our estimates focus on the ecosystem as a … complementarity between factor inputs and ecosystem services. We also provide more conservative estimates of the value of ecosystem …
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