Environmental markets: what do we learn from the lab?

Friesen, Lana and Gangadharan, Lata (2013) Environmental markets: what do we learn from the lab?. Journal of Economic Surveys, 27 3: 515-535. doi:10.1111/joes.12021

Author Friesen, Lana
Gangadharan, Lata
Title Environmental markets: what do we learn from the lab?
Journal name Journal of Economic Surveys   Check publisher's open access policy
ISSN 0950-0804
Publication date 2013-07
Sub-type Article (original research)
DOI 10.1111/joes.12021
Volume 27
Issue 3
Start page 515
End page 535
Total pages 21
Place of publication Chichester, West Sussex United Kingdom
Publisher Wiley-Blackwell Publishing
Collection year 2014
Language eng
Formatted 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.
Keyword Environmental policy
Laboratory experiments
Emission permit markets
Nonpoint-source pollution
Laboratory experiments
Water markets
Price discovery
Trading programs
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ
Additional Notes Special Issue: A Collection Of Surveys On Market Experiments

Document type: Journal Article
Sub-type: Article (original research)
Collections: Official 2014 Collection
School of Economics Publications
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Citation counts: TR Web of Science Citation Count  Cited 5 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 6 times in Scopus Article | Citations
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