Environmental markets: what do we learn from the lab?

Lana Friesen, Lata Gangadharan

Research output: Chapter in Book/Report/Conference proceedingChapter (Book)Otherpeer-review

1 Citation (Scopus)

Abstract

In recent years, some of the most influential policies have been either tested or evaluated using experimental methods. Experiments have provided significant insights on the implications of different designs on market outcomes and the lessons learned have helped improve academic debate and the interaction between policy makers and researchers. In this paper, we provide an overview of experiments relating to environmental markets. Expenditure on environmental programs has been growing in importance yet it is controversial in current times due to the fiscal cuts around the world. Finding cost-effective ways of reaching environmental goals is thus an objective of most governments. Research using experiments can help isolate how individuals and regulators would respond to incentives and therefore identify the most effective programs.
Original languageEnglish
Title of host publicationA Collection of Surveys on Market Experiments
EditorsCharles N. Noussair, Steven Tucker
PublisherWiley-Blackwell
Pages135-157
Number of pages23
ISBN (Electronic)9781118790700
ISBN (Print)9781118790717
DOIs
Publication statusPublished - 2014

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