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Reflections on the Literature

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  • V. Kerry Smith

Abstract

This paper considers two areas of current research related to environmental economics: 1. the use of quasi-experimental or "experimentalist" methods to evaluate the effects of environmental policies; and 2. the implications of the Stern Report on the economic consequences of global climate change. The objective of the paper is to stimulate the discussion and exchange of ideas. The paper examines applications of the experimentalist approach to hedonic property models associated with the regulation of air pollution and the cleanup of hazardous waste at Superfund sites. The discussion of the Stern Report considers whether we should evaluate the merits of reducing the stringency of current environmental policies in order to increase the efforts devoted to controlling pollutants that contribute to long term climate risks. Copyright 2007, Oxford University Press.

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File URL: http://hdl.handle.net/10.1093/reep/ren006
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Bibliographic Info

Article provided by Association of Environmental and Resource Economists in its journal Review of Environmental Economics and Policy.

Volume (Year): 2 (2008)
Issue (Month): 2 (Summer)
Pages: 292-308

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Handle: RePEc:oup:renvpo:v:2:y:2008:i:2:p:292-308

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Cited by:
  1. Folmer, Henk & Johansson-Stenman, Olof, 2011. "Does Environmental Economics Produce Aeroplanes Without Engines? - On the Need for an Environmental Social Science," Working Papers in Economics 483, University of Gothenburg, Department of Economics.
  2. Susana Ferreira & Mirko Moro, 2010. "On the Use of Subjective Well-Being Data for Environmental Valuation," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 46(3), pages 249-273, July.
  3. Arik Levinson, 2009. "Valuing Public Goods Using Happiness Data: The Case of Air Quality," NBER Working Papers 15156, National Bureau of Economic Research, Inc.
  4. Susanne Menzel & Tom L. Green, 2013. "Sovereign Citizens and Constrained Consumers: Why Sustainability Requires Limits on Choice," Environmental Values, White Horse Press, vol. 22(1), pages 59-79, February.
  5. Heinz Welsch & Susana Ferreira, 2014. "Environment, Well-Being, and Experienced Preference," Working Papers v-367-14, University of Oldenburg, Department of Economics, revised May 2014.
  6. Robinson Lisa A & Hammitt James K., 2011. "Behavioral Economics and the Conduct of Benefit-Cost Analysis: Towards Principles and Standards," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(2), pages 1-51, April.
  7. Ambrey, Christopher L. & Fleming, Christopher M., 2011. "Valuing Ecosystem Diversity in South East Queensland: A Life Satisfaction Approach," 2011 Conference, August 25-26, 2011, Nelson, New Zealand 115347, New Zealand Agricultural and Resource Economics Society.
  8. Arik Levinson, 2013. "Happiness, Behavioral Economics, and Public Policy," NBER Working Papers 19329, National Bureau of Economic Research, Inc.
  9. Arik Levinson, 2013. "Happiness as a Public Policy Tool," Working Papers gueconwpa~13-13-04, Georgetown University, Department of Economics.
  10. Pemberton, Carlisle A. & Harris-Charles, Emaline & Patterson-Andrews, Hazel, 2010. "Cultural bias in contingent valuation of copper mining in the Commonwealth of Dominica," Ecological Economics, Elsevier, vol. 70(1), pages 19-23, November.
  11. Aalbers, Rob & Shestalova, Victoria & Kocsis, Viktória, 2013. "Innovation policy for directing technical change in the power sector," Energy Policy, Elsevier, vol. 63(C), pages 1240-1250.
  12. Rob Aalbers & Victoria Shestalova & Viktoria Kocsis, 2012. "Innovation policy for directing technical change in the power sector," CPB Discussion Paper 223, CPB Netherlands Bureau for Economic Policy Analysis.

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