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Surveys and Experiments in Environmental Economics
( Hidano Noboru  )


 

Credits  Lecture:1  Exercise:0  Experiment:0 / code:68058
Update : 2012/10/21
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Fall Semester

Outline of lecture
We will discuss basics and important topics in experiments and surveys in
Environmental Economics. The validity of these techniques crucially
depends on an adequate understanding of the different areas that support
them We will talk about the importance of combining economic theory,
econometrics, statistical design methods, and social and cognitive
psychology in order to properly understand individual choices, so they can
be used to elicit social preferences and help to guide environmental
policy.
Purpose of lecture
We will discuss basics and important topics in experiments and surveys in
Environmental Economics. We hope you will understand the different areas that support
them: economic theory,econometrics, statistical design methods, and social and cognitive
psychology.
Plan of lecture
DAY 1. Surveys and Experiments in Environmental Economics
1) The importance of Measurement in Environmental Economics.
2) Market Data versus Surveys and Experiments in Environmental Economics.
then we will discuss " Anomalies in Behavior and Challenges for Environmental Economics"
3) Framing Effects I: Reference Dependent Utility Functions and Loss
Aversion
4) Framing Effects II: Anchoring and Mental Accounting (Heuristics and
Decision Rules)
5) Context Matters: Reciprocity, the Role of Emotions, Attitudes and
Cognitive Complexity.
DAY 2. Econometrics for surveys and experiments with a discrete choice model.
Day 3. Research proposal and discussion
The class room will be W9-626.
Textbook and reference
to be announced
Related and/or prerequisite courses
micro economics, econometrics and cognitive psychology
Evaluation
to be announded

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