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Experiments in Environment and Development

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  • Juan Camilo C�rdenas

    ()
    (Facultad de Econom�a, CEDE, Universidad de los Andes, Bogota, Colombia)

Abstract

Many of the main scientific challenges in the fields of development, environment, and resource economics have a microeconomic foundation wherein behavioral elements play a significant role. Preferences with respect to risk, time, societal others, and the environment shape the decision-making processes of individuals. Economic experiments have been extensively carried out in the lab and in the field to test the predictions of behavioral theories; some have had a particular focus on development and environmental issues. Random interventions have also proven to be an important source of information with respect to experimentation in development and policy design. This article identifies the contributions of experiments and random interventions and reflects on the value of having a productive dialogue—in connection with said experiments—with the main stakeholders regarding the problems being studied.

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Bibliographic Info

Article provided by Annual Reviews in its journal Annual Review of Resource Economics.

Volume (Year): 1 (2009)
Issue (Month): 1 (09)
Pages: 157-182

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Handle: RePEc:anr:reseco:v:1:y:2009:p:157-182

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Related research

Keywords: field experiments; development economics; environmental economics; resource economics;

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Cited by:
  1. Jessica Coria & Thomas Sterner, 2011. "Natural Resource Management: Challenges and Policy Options," Annual Review of Resource Economics, Annual Reviews, vol. 3(1), pages 203-230, October.
  2. Anderies, John M. & Janssen, Marco A. & Bousquet, François & Cardenas, Juan-Camilo & Castillo, Daniel & Lopez, Maria-Claudio & Tobias, Robert & Vollan, Björn & Wutich, Amber, 2011. "The challenge of understanding decisions in experimental studies of common pool resource governance," Ecological Economics, Elsevier, vol. 70(9), pages 1571-1579, July.

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