Using Field Experiments in Environmental and Resource Economics

35 Pages Posted: 10 Aug 2013 Last revised: 17 Mar 2022

See all articles by John A. List

John A. List

University of Chicago - Department of Economics

Michael Price

Georgia State University - Department of Economics

Date Written: August 2013

Abstract

This study showcases the usefulness of field experiments to the study of environmental and resource economics. Our focus pertains to work related to field experiments in the area of 'behavioral' environmental and resource economics. Within this rubric, we discuss research in two areas: those that inform i) benefit cost analysis and ii) conservation of resources. Within each realm, we show how field experiments have been able to test the relevant theories, provide important parameters to construct new theories, and guide policymakers. We conclude with thoughts on how field experiments can be used to deepen our understanding of important areas within environmental and resource economics.

Suggested Citation

List, John A. and Price, Michael, Using Field Experiments in Environmental and Resource Economics (August 2013). NBER Working Paper No. w19289, Available at SSRN: https://ssrn.com/abstract=2308258

John A. List (Contact Author)

University of Chicago - Department of Economics ( email )

1126 East 59th Street
Chicago, IL 60637
United States

Michael Price

Georgia State University - Department of Economics ( email )

P.O. Box 3992
Atlanta, GA 30302-3992
United States

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