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Economics

52 – Thinking like an economist 16: Weaknesses of economists

16 May, 200526 December, 2011 by David Pannell4 Min Reading

As part of a survey of policy makers and policy advisers in 2002 I asked, “In your view, what are the common weaknesses of economists

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Climate change, Environment, Natural resource management

51 – Links between dryland salinity and climate change

9 May, 200526 December, 2011 by David Pannell3 Min Reading

Climate change may interact in complex ways with land degradation in their effects on land management. For example, dryland salinity is linked to climate change

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Climate change, Environment, Natural resource management

50 – Parallels between dryland salinity and climate change

2 May, 200526 December, 2011 by David Pannell4 Min Reading

There is a remarkable number of similarities and parallels between climate change internationally and dryland salinity in Australia. They include the way that the seriousness

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Social issues

49 – Cultural differences

25 April, 200527 December, 2011 by David Pannell4 Min Reading

Some observations from a visit to the USA. Interesting differences in crowd behaviour and patriotism. International travel really helps highlight some of the things we

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Social issues

48 – Thinking like an economist 15: Economics and happiness

18 April, 200526 December, 2011 by David Pannell4 Min Reading

Richard Layard is an economist who works on happiness. He is interested in which factors are positively related to it, and what governments should do

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Economics

47 – Thinking like an economist 14: The sunk-cost fallacy

11 April, 200517 January, 2022 by David Pannell5 Min Reading

People are very susceptible to feeling that past expenditures matter in current and future decisions. If you’ve spent a lot of money on something, wouldn’t

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Recent Posts

  • 435. Environmental offsets 3. Risk of failure

    When designing an environmental offset scheme, it is important to account for the probability that an offset project will fail to deliver its intended benefits.

  • 434. Environmental offsets 2. The currency for measuring impacts and benefits

    In an environmental offset scheme, the environmental impacts of a development project and the benefits of an offset project need to be compared quantitatively. To

  • 433. Depicting risk in graphs for farmers

    There are many types of graphs that can depict the riskiness of a decision option. Here I present and comment on some of them. My

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  • 430. Polarised public opinion

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  • 428. Economic analysis of urban park designs

  • 427. Reviews of research on agricultural adoption

  • 426. Music “Option Value”

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Recent Posts

  • 435. Environmental offsets 3. Risk of failure 14 July, 2025
  • 434. Environmental offsets 2. The currency for measuring impacts and benefits 7 July, 2025
  • 433. Depicting risk in graphs for farmers 30 June, 2025
  • 432. Environmental offsets 1. Introduction 16 June, 2025
  • 431. Webinar on economics of urban park designs 30 May, 2025
  • 430. Polarised public opinion 26 May, 2025
  • 429. The value of a non-market value 12 March, 2025
  • 428. Economic analysis of urban park designs 10 March, 2025
  • 427. Reviews of research on agricultural adoption 10 December, 2024
  • 426. Music “Option Value” 25 August, 2024

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