Classical economists: who and what?
Neoclassical economics: who and what?
Early days of environmental economics: Who and what?
Main sources for market failures that are related to environmental economics
Definition of externality
Public goods: different types
Tragedy of the commons
Free-riding link to environment
Holy triptych of environmental economics
Coase RIP and <3 again
How to define value
Services provided by the environment
From biology/ecology to valuation : 5 steps
Total economic Value (TEV)
Different types of value from use to non-use.
Valuation methods (
Hedonic princing (what, + and -)
Travel cost method
Biases in CVM
Impact pathway method
Problem with CBA
Stern vs Nordhaus
Empirical evidence on Homo Oeconomicus
Kenneth Boulding quote (hint: it's stupid!)
Happy Planet Index equation
Relationship between HPI et GDP
Index of Sustainable Economic Welfare (ISEW)
Empirical ISEW values
Comparison of costs per grid connection (electricity)
Steps for a survey/report
What do niggas consume in africa?
Average # of energy sources in HH
top 5 energy sources
What are the energy needs of HH?
Use of energy?
Willingness to pay for electricity
Mahogany, the full story
Importance of institutions in a well functioning market
Types of institutions
5 Problems that institutions can solve
Institutional solutions to informational problems
Hold- Up problem
Why do inefficient institutions persist?
The Functionalist Fallacy
What is a meta analysis?
Rain and civil war
Land ownership distribution and GINI
5 forms of ownership and tenancy contracts
Fixed Land Rental
Studies in Ghana about land ownership
Sharecropping compared to private farms
Sharecropping compared to fixed rental contracts
Plantations and slave labor
Plantations and privately owned family farms
Historical results of land reform
Factors affecting onset of civil war
Economic Effects of conflicts
Impact of resource abundance on countries
Why negative effects of natural resource abundance?
Impact of volatility in income
Weak states and natural resource management
Natural resources and risk of civil war
How to manage natural resource abundance