Two cheers and a qualm for behavioral environmental economics

Jason F. Shogren, Gregory M. Parkhurst, Prasenjit Banerjee

Research output: Contribution to journalArticlepeer-review


Behavioral economics can gain more in-roads into environmental economics if we better understand why exchange institutions fail, more effectively reduce health risks and environmental conflicts, encourage more coordination and cooperation, design better incentive systems, more accurately estimate economic measures of value, and promote more protection at less cost. Behavioral economics deserves two cheers for advancing ideas of context-dependence and social preferences, which we illustrate with two examples of recent research. © 2010 Springer Science+Business Media B.V.
Original languageEnglish
Pages (from-to)235-247
Number of pages12
JournalEnvironmental and Resource Economics
Issue number2
Publication statusPublished - Jun 2010


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