Environmental Economics
The cromulent economics blog
recent posts
Category: Recommended Reading
-
I just finished reading Kirk Wallace Johnson's The Fishermen and the Dragon: Fear, Greed, and a Fight for Justice on the Gulf Coast. Here's my book review (from the view of an Environmental Economist of course). The Fishermen and the Dragon tells the true story of the evolution of the Texas Gulf Coast crab and…
-
There is a great new policy forum article in Science defending the use of the social cost of carbon (SCC) in climate policy analysis, written by four great environmental economists (Joe Aldy, Matt Kotchen, Robert Stavins, and James Stock). While I enjoyed reading the article, I am not sure that I endorse its conclusion. The…
-
I recently read an article in the journal Economics and Philosophy, written by Lisa Herzog, which has nothing whatsoever to do with environmental economics but nonetheless I think has interesting implications for it and for Pigouvian pricing in particular. In case you are unfamiliar with it, the journal Economics and Philosophy is a scholarly journal…
-
Why not? Monetizing Bowser: A Contingent Valuation of the Statistical Value of Dog Life Deven Carlson, Simon Haeder, Hank Jenkins-Smith, Joseph Ripberger Abstract Households in the USA spend about $70 billion annually on pets. Dogs, the most common pet, can be found in nearly half of American households. An important shadow price in the analysis…
-
The most recent issue of the Journal of Economic Perspectives features a three-article symposium on the 50th anniversary of the Clean Air and Clean Water Acts. (Though that's an iffy anniversary: the CWA was passed in 1972, so it's only 50 with rounding, and the CAA was originally passed in 1963, though the 1970 amendments…
-
Well, when I drafted this, it was a recent publication I wanted to announce, but now that I have some free time, I can finish it… The March issue of Environmental and Resource Economics is a special issue on "Benefit Transfer: Current Practice and Future Prospects." Most of the papers arose from an EPA-sponsored workshop…
-
I recently got around to reading the 2010 book "Identity Economics: How our Identities Shape our Work, Wages, and Well-Being," by George Akerlof and Rachel Kranton. It is a lay summary of some of the work that Akerlof and Kranton have been doing to incorporate identity and social norms into economic modeling of decision-making. Basically,…
-
I just finished reading Seeing Like a State by James C. Scott. I've been thinking quite a bit about its implications for environmental policy and in particular the standard neoclassical policy prescriptions for the environment (i.e. Pigouvian taxes and/or cap-and-trade). The book has somewhat of a libertarian/conservative/small-government angle to it, though it's a captivating…
-
From the Miscellany section of Economic Inquiry, Andy Keeler: Welfare economics must adapt to the growing consensus over the assignment of rights to animals. We extend nonmarket valuation techniques to the study and measurement of the preferences of Chinook salmon regarding their aquatic habitat and the value of their existence. We find that these techniques…
-
And replicate: We report on various aspects of replication research in economics. Our report includes (i) a brief history of data sharing and replication; (ii) the results of a survey administered to the editors of all 333 economics journals listed in Web of Science; (iii) an analysis of 162 replication studies that have been published…
You must be logged in to post a comment.