Criticisms that have been leveled at survey-based methods for putting dollar values on the environment include: that the results have been shown to be inaccurate
read moreWhy is it a good idea to estimate the dollar values of environmental benefits? To help with decision making about public investment in environmental projects,
read moreThe idea of putting dollar values on intangible environmental benefits seems to polarise people. At one end of the spectrum, some believe it’s of critical
read moreEverybody knows that as a good becomes scarcer, its price is likely to go up. Scarcity can be a natural phenomenon, or can be induced
read moreOne of the foundational concepts of economics is the idea of diminishing marginal benefits. In this post I argue that it applies to economics itself.
read moreA big part of my job as an academic is reading unpolished writing of other people: research students’ theses, colleagues’ draft research papers, journal papers
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