Research Interests
My research covers the valuation of environmental goods and services, with particular emphases on developing techniques for improved estimation of recreational demand, testing structural econometric discrete choice models, and enhancing integrated assessment models that can link water pollution to the value of ecosystem services. Additionally, I am exploring the economics of agriculture, conservation, and climate change. I examine how information impacts decision-making regarding the adoption of agricultural production technology and the management of common pool resources.
Research Projects
Enhancing Coherence between ESG and Natural Capital Disclosures (PI, KEI, $2,000), 2025.3. ~2025.9
Environment Related Tax and Revenue Account Statistics (Ministry of Environment, $61,000), 2025.5.~2026.4
Development of Aquatic Ecosystem Service Indices and Valuation Techniques (KEITI, $215,500/yr), 2025-2027
Study on the Designation and Management of Ecosystem Service Promotion Zones (Ministry of Climate, Energy, and Environment), 2025.12.~2026.6
Facilitating Transition Finance to Accelerate Industrial Decarbonization (KEI, $20,000), 2026.1. ~ 2026.12
Assessing the Performance and Challenges of Green Industrial Policies for Corporate Sustainability (KEI, $20,000), 2026.1. ~ 2026.12
Operationalizing Natrual Capital Accounting: Data Architecture and Development Model (KEI, $40,000), 2026.4.~ 2027.3
Reports
[KEI Working Paper] Research on Enhancing the Coherence Between ESG and Natural Capital Disclosures
[KEI Focus] Global Trends in Natural Capital Disclosure and Policy Implications for Korea
Working Papers
Estimating recreation demand with incomplete trip location information (with Frank Lupi)
A Lab-in-the-field Experiment on How Information Shapes Farmers’ Preferences for Conservation Practices (with Bahman Pourtaherian and Tongzhe Li)
Comparing structural estimation of use and non-use values for water quality improvements to ad hoc approaches (with Joseph A. Herriges and Frank Lupi)
Resource dilemmas within a heterogenous society: Leveraging punishment, minority advantage, and information
Revisiting the significance of scientific information: A field experiment with agricultural producers
Spatial (dis)aggregation and the value of water resources