Handbook on Experimental Economics and the Environment

Edited by John A. List, Kenneth C. Griffin Distinguished Service Professor of Economics and Chairman of the Economics Department, University of Chicago, US and Michael K. Price, Department of Economics, Georgia State University and the NBER, US

• Contents:IntroductionJohn A. List and Michael K. PricePART I: ECONOMETRIC APPROACHES FOR EXPERIMENTAL DATA1. Quasi-Experiments and Hedonic Property Value MethodsChristopher F. Parmeter and Jaren C. Pope2. Institutional Heterogeneity in Social Dilemma Games: A Bayesian ExaminationKlaus Moeltner, James J. Murphy, John K. Stranlund and Maria Alejandra Velez3. Analyzing Repeated-Game Economics Experiments: Robust Standard Errors for Panel Data with Serial CorrelationChristian A. VosslerPART II: NON-MARKET VALUATION4. Behavioral Foundations of Environmental Economics and ValuationJohn K. Horowitz, Kenneth E. McConnell and James J. Murphy5. Values of Gains and Losses: Reference States and Choice of MeasureJack L. Knetsch6. Value and Outcome Uncertainty as Explanations for the WTA vs WTP DisparityWilliam S. Neilson, Michael McKee and Robert P. BerrensPART III: EMISSIONS TRADING AND AMBIENT TAXES7. Regulatory Instruments for Monitoring Ambient PollutionGaston Giordana and Marc Willinger8. Investment Decisions and Emissions Reductions: Results from Experiments in Emissions TradingLata Gangadharan, Rachel Croson and Alex Farrell9. Imperfect Enforcement of Emissions Trading and Industry Welfare: A Laboratory InvestigationJohn K. Stranlund, James J. Murphy and John M. SpraggonPART IV: COMMON POOL RESOURCE GAMES10. A Tale of Two Carrots: The Effectiveness of Multiple Reward Stages in a Common Pool Resource GameJan T.R. Stoop, Daan P. van Soest and Jana Vyrastekova11. Dynamics of Rules and Resources: Three New Field Experiments on Water, Forests, and FisheriesJuan-Camilo Cardenas, Marco Janssen and Francois Bousquet12. Does Government Regulation Complement Existing Community Efforts to Support Cooperation? Evidence from Field Experiments in ColumbiaMaria Claudia Lopez, James J. Murphy, John M. Spraggon and John K. Stranlund13. Fixed Instruments to Cope with Stock Externalities: An Experimental EvaluationGaston Giordana and Marc WillingerPART V: VOTING AND PUBLIC GOODS14. Water Managers are Selfish Like UsDavid Zetland15. Incentive Compatible Mechanisms for Providing Environmental Public GoodsKatherine Silz Carson16. The Prisoner’s Dilemma as Intergroup Game: An Experimental InvestigationStephan Kroll, John A. List and Charles F. MasonIndex

’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 intervening years! In this new volume, John List, Michael Price, and their co-authors provide a diverse set of applications of experimental approaches to the environmental economics realm. This is among the most promising of new areas of research in the economics of the environment, and this book provides a superb point of entry for experts and novices alike.’