About Economic DropletsAn environmental and natural resource economics blog by Adam Bailey (below). For details and profile see About.
© Adam Bailey and Economic Droplets, 2012-2020.
Author Archives: Adam Bailey
Environmental valuation studies should be clearer as to whether the value they estimate is marginal value or something else. The idea of a marginal quantity is one of the most-used in the economist’s toolkit. In the theory of the firm, … Continue reading
When I started this blog in 2012, I considered – having looked at many other blogs – that posts should be short and frequent, and my early posts were all well below 1,000 words. But it gradually became apparent that … Continue reading