Assistant Professor David Kingsley’s research investigates non-market valuation and cooperation within groups. Both lines of research are important in creating effective public policy solutions to climate change.
Non-market valuation attempts to estimate how much individuals value environmental goods such as clean air or forested land. This is important because effective public policy requires accurate estimates of the value society places on environmental goods that are not priced in markets. Research has suggested that individuals are uncertain what value they place on such goods, suggesting that the estimated value may not accurately reflect their true underlying value, thus jeopardizing public policy. Importantly, David’s research has suggested that using new non-market valuation designs can systematically lower preference uncertainty and improve estimated non-market valuations.
To investigate cooperation within groups David investigates individual and group decision making within social dilemmas such as public goods, common pool resources. In such dilemmas, like climate change, markets often fail because what is in the self-interest of the individual is at odds with what is in the interest of the group. His research explores the types of institutions (rules) groups are willing to self-impose to induce cooperative behavior.
David’s research has been funded by the United States Department of Agriculture, the International Foundation for Research in Experimental Economics, and the University of Massachusetts Lowell and has been published in Journal of Public Economics, Land Economics, Economics Bulletin, Journal of Environmental Economics Policy, Journal of Behavioral and Experimental Economics, Applied Economics Letters, and Economics Letters.
Dr. David Kingsley
Assistant Professor, Economics
Falmouth Hall 302, UMass Lowell
Lowell MA 01854 USA