Experiments in Environment and Development

Juan-Camilo Cardenas

Annual Review of Resource Economics, 2009, vol. 1, issue 1, 157-182

Abstract: Many of the main scientific challenges in the fields of development, environment, and resource economics have a microeconomic foundation wherein behavioral elements play a significant role. Preferences with respect to risk, time, societal others, and the environment shape the decision-making processes of individuals. Economic experiments have been extensively carried out in the lab and in the field to test the predictions of behavioral theories; some have had a particular focus on development and environmental issues. Random interventions have also proven to be an important source of information with respect to experimentation in development and policy design. This article identifies the contributions of experiments and random interventions and reflects on the value of having a productive dialogue—in connection with said experiments—with the main stakeholders regarding the problems being studied.

Keywords: field experiments; development economics; environmental economics; resource economics (search for similar items in EconPapers)
JEL-codes: C90 Q30 Q50 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (5)

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