Key Points:
- Economists emphasize the need for more up-front experiments in environmental policymaking.
- These experiments can significantly improve the effectiveness of policies related to pollution control and timber harvesting.
- The use of experiments will provide valuable insights and data that can inform policymakers.
Hot take:
Who would’ve thought? It turns out that economists believe in experimenting, not just with their wild theories, but also with environmental policies! By conducting up-front experiments, they’re convinced that policymakers can make more effective decisions when it comes to tackling issues like pollution control and timber harvesting. It’s time to put these hypotheses to the test and bring some real results to the table!
Original article: https://www.sciencedaily.com/releases/2023/08/230817164040.htm