Barbara Elisabeth Baarsma (born 19 November 1969) is a Dutch economist, and Professor of Market Forces and Competition Issues at the University of Amsterdam. [1]
Barbara Elisabeth Baarsma (born 19 November 1969) is a Dutch economist, and Professor of Market Forces and Competition Issues at the University of Amsterdam. [1]
Born in Leiden, Baarsma grew up in Goeree-Overflakkee, where her father was otolaryngologist. After attending the Atheneum in Middelharnis, in 1988 she started studying Industrial Design at the Delft University of Technology. In 1989 she moved to the University of Amsterdam, where she received her MA cum laude in Economics in 1993, and her PhD in Economics in 2000 [2] with a thesis entitled "Monetary valuation of environmental goods: Alternatives to contingent valuation" under the supervision of Jan Lambooy and Bernard van Praag. [3]
After graduation in 2000 Baarsma was researcher at SEO Economic Research, where in 2002 she became head of the Cluster Competition and Regulation, in 2008 deputy director, and since 2009 director as successor of Jules Theeuwes. [2] In 2009 she was appointed Professor of Market Forces and Competition at the University of Amsterdam. [3] In 2012 she was elected as a member of the Social-Economic Council.
Baarsma has authored and coauthored numerous publications. A selection:
Environmental economics is a sub-field of economics concerned with environmental issues. It has become a widely studied subject due to growing environmental concerns in the twenty-first century. Environmental economics "undertakes theoretical or empirical studies of the economic effects of national or local environmental policies around the world. ... Particular issues include the costs and benefits of alternative environmental policies to deal with air pollution, water quality, toxic substances, solid waste, and global warming."
Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economies and natural ecosystems, both intertemporally and spatially. By treating the economy as a subsystem of Earth's larger ecosystem, and by emphasizing the preservation of natural capital, the field of ecological economics is differentiated from environmental economics, which is the mainstream economic analysis of the environment. One survey of German economists found that ecological and environmental economics are different schools of economic thought, with ecological economists emphasizing strong sustainability and rejecting the proposition that physical (human-made) capital can substitute for natural capital.
The value of life is an economic value used to quantify the benefit of avoiding a fatality. It is also referred to as the cost of life, value of preventing a fatality (VPF), implied cost of averting a fatality (ICAF), and value of a statistical life (VSL). In social and political sciences, it is the marginal cost of death prevention in a certain class of circumstances. In many studies the value also includes the quality of life, the expected life time remaining, as well as the earning potential of a given person especially for an after-the-fact payment in a wrongful death claim lawsuit.
Contingent valuation is a survey-based economic technique for the valuation of non-market resources, such as environmental preservation or the impact of externalities like pollution. While these resources do give people utility, certain aspects of them do not have a market price as they are not directly sold – for example, people receive benefit from a beautiful view of a mountain, but it would be tough to value using price-based models. Contingent valuation surveys are one technique which is used to measure these aspects. Contingent valuation is often referred to as a stated preference model, in contrast to a price-based revealed preference model. Both models are utility-based. Typically the survey asks how much money people would be willing to pay to maintain the existence of an environmental feature, such as biodiversity.
Ecosystem valuation is an economic process which assigns a value to an ecosystem and/or its ecosystem services. By quantifying, for example, the human welfare benefits of a forest to reduce flooding and erosion while sequestering carbon, providing habitat for endangered species, and absorbing harmful chemicals, such monetization ideally provides a tool for policy-makers and conservationists to evaluate management impacts and compare a cost-benefit analysis of potential policies. However, such valuations are estimates, and involve the inherent quantitative uncertainty and philosophical debate of evaluating a range non-market costs and benefits.
A shadow price is the monetary value assigned to an abstract or intangible commodity which is not traded in the marketplace. This often takes the form of an externality. Shadow prices are also known as the recalculation of known market prices in order to account for the presence of distortionary market instruments. Shadow prices are the real economic prices given to goods and services after they have been appropriately adjusted by removing distortionary market instruments and incorporating the societal impact of the respective good or service. A shadow price is often calculated based on a group of assumptions and estimates because it lacks reliable data, so it is subjective and somewhat inaccurate.
The embedding effect is an issue in environmental economics and other branches of economics where researchers wish to identify the value of a specific public good using a contingent valuation or willingness-to-pay (WTP) approach. The problem arises because public goods belong to society as a whole, and are generally not traded in the market. Because market prices cannot be used to value them, researchers ask a sample of people how much they are willing to pay for the public good, wildlife preservation for example. The results can be misleading because of the difficulty, for individual society members, of identifying the particular value that they attach to one particular thing which is embedded in a collection of similar things. A similar problem occurs with a wider selection of public goods. The embedding effect suggests the contingent valuation method is not an unbiased approach to measuring policy impacts for cost-benefit analysis of environmental, and other government policies.
Environmental goods are typically non-market goods, including clean air, clean water, landscape, green transport infrastructure, public parks, urban parks, rivers, mountains, forests, and beaches. Environmental goods are a sub-category of public goods. Concerns with environmental goods focus on the effects that the exploitation of ecological systems have on the economy, the well-being of humans and other species, and on the environment. Users not having to pay an upfront cost and external factors like pollution that can damage environmental goods indefinitely are some of the challenges in protecting environmental goods.
The Tinbergen Institute is a joint institute for research and education in economics, econometrics and finance of the VU University Amsterdam, the University of Amsterdam, and the Erasmus University Rotterdam. The institute was founded in 1987 and is named after the Dutch economist Jan Tinbergen, a Nobel prize-winning professor at the Erasmus University Rotterdam.
Roy Radner was Leonard N. Stern School Professor of Business at New York University. He was a micro-economic theorist. Radner's research interests included strategic analysis of climate change, bounded rationality, game-theoretic models of corruption, pricing of information goods and statistical theory of data mining. Previously he was a faculty member at the University of California, Berkeley, and a Distinguished Member of Technical Staff at AT&T Bell Laboratories.
Bernard Marinus Siegfried van Praag is a Dutch economist, and distinguished university professor at the University of Amsterdam, noted for researching the measurement of welfare, as well-being and happiness.
Richard Taylor Carson is a professor of economics at the University of California, San Diego. He obtained a B.A. degree from Mississippi State University in 1977, an M.A. in international affairs from George Washington University in 1979, and an M.A. in statistics and a Ph.D. in agricultural and resource economics from the University of California, Berkeley, in 1985. He is the author or editor of eight books and over a hundred journal articles, with over 4000 citations to his works.
Jan Salomon (Mars) Cramer was a Dutch economist, Professor of Statistics and Econometrics at the University of Amsterdam, known for his work of empirical econometrics.
Hugo Albert Keuzenkamp is a Dutch economist, administrator, and Professor of Insurance Studies at Faculty of Economics and Business of the University of Amsterdam.
Jules Jacobus Maria Theeuwes was a Belgian economist, and Professor of Labour Economics at the University of Amsterdam.
Johannes Gerard (Jan) Lambooy is a Dutch social geographer and Emeritus professor Economic geography and Urban economics at the University of Amsterdam.
David H. Autor is an American economist, public policy scholar, and professor of economics at the Massachusetts Institute of Technology (MIT), where he also acts as co-director of the School Effectiveness and Inequality Initiative. Although Autor has contributed to a variety of fields in economics his research generally focuses on topics from labor economics.
Clive L. Spash is an ecological economist. He currently holds the Chair of Public Policy and Governance at Vienna University of Economics and Business, appointed in 2010. He is also Editor-in-Chief of the academic journal Environmental Values.
Susana Mourato is a professor of environmental economics at the London School of Economics and Political Science. She holds a leader position at the Grantham Research Institute on Climate Change and the Environment.
Ada Ferrer-i-Carbonell is an economist and professor at the Barcelona Graduate School of Economics, tenured scientist at CSIC-IAE, MOVE research fellow, and a research fellow at the IZA Institute of Labor Economics. She was an associate editor of the Journal of Economic Behavior and Organization and currently is a member of the London School of Economics-based World Well-Being Panel. She holds two PhDs in economics, one from Rensselaer Polytechnic Institute and the other from the Tinbergen Institute and the University of Amsterdam.
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