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University of Gothenburg
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Environmental economics deals with the economic aspects of global, national and local environmental problems

Environmental economics

Environmental economics deals with the economic aspects of global, national and local environmental problems and policies.

More specifically, this includes identifying the causes behind environmental problems which are often related to dilemmas of joint action in the face of market failures. We estimate the costs and benefits of policies dealing with areas as air pollution, water quality, toxic substances, solid waste, natural resources and global warming, and how such policies interact with human behavior.

Members of the Environmental Economics Group at the Department of Economics conduct theoretical and empirical research on three main areas. Firstly, the reasons for market and policy failure at the micro and macro levels. Secondly, the selection and design of policy instruments, both nationally (in both rich and poor countries) and globally, to deal with environmental issues. Thirdly, much of our research focuses on experimental and valuation studies and their behavioral foundations.

Environment for Development Initiative

The Environment for Development Initiative (EfD) is a capacity building programme established in 2007 by parts of the Environmental Economics Group. It is a network of a dozen centers for cross-country research collaborations, research-policy interaction and academic training. The EfD Secretariat and administrative functions are hosted by the Swedish center, located at the Department of Economics.