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abstract
We develop the concept of virtual experiments and consider their
application to environmental policy. A virtual experiment combines insights from
virtual reality in computer science, naturalistic decision-making from psychology,
and field experiments from economics. The environmental policy applications of
interest to us include traditional valuation tasks and less traditional normative
decision-making. The methodological objective of virtual experiments is to bridge
the gap between the artefactual controls of laboratory experiments and the
naturalistic domain of field experiments or direct field studies. This should provide
tools for policy analysis that combine the inferential power of replicable
experimental treatments with the natural “look and feel” of a field domain
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publications
- S. M. Fiore, G. W. Harrison, C. E. Hughes and E. E. Rutstrom, Virtual Experiments and Environmental Policy, Resources for the Future, Discussion Paper 07-21, 93 pages, Washington, DC, April, 2007. [On-Line].
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