Publication of Enduring Quality Award Recipients

Each year since 1989, AERE has recognized works that are of seminal nature and with enduring value in environmental and resource economics. Place and type of publication are unrestricted for the AERE Publication of Enduring Quality (PEQ) award.


Richard Newell and Billy Pizer for “Discounting the Distant Future: How Much Do Uncertain Rates Increase Valuations?,”Journal of Environmental Economics and Management, Vol. 46 (2003), pp. 52-71.


James Sanchirico and James Wilen for “Bioeconomics of Spatial Exploitation in a Patchy Environment,” Journal of Environmental Economics and Management, Vol. 37 (1999), pp. 129–50.


Trudy Ann Cameron, “A new paradigm for valuing non-market goods using referendum data: maximum likelihood estimation by censored logistic regression,” Journal of Environmental Economics and Management, Vol. 15 (1988), pp. 355-379.

W. Michael Hanemann, “Willingness to Pay and Willingness to Accept: How Much Can They Differ?,” The American Economic Review, Vol. 81, No. 3 (Jun., 1991), pp. 635-647. 


Madhu Khanna and Lisa A. Damon, “EPA’s Voluntary 33/50 Program: Impact on Toxic Releases and Economic Performance of Firms,” Journal of Environmental Economics and Management, Vol. 37 (1999), pp. 1-25.

David Levhari and Leonard J. Mirman, “The Great Fish War: An Example Using a Dynamic Cournot-Nash Solution,” Bell Journal of Economics, Vol. 11, No. 1 (Spring, 1980), pp. 322-334. 


Emissions Trading: An Exercise in Reforming Pollution Policy. By T. H. Tietenberg. (Washington, DC: Resources for the Future, 1985.

Kenneth Y. Chay and Michael Greenstone, "The Impact of Air Pollution on Infant Mortality: Evidence from Geographic Variation in Pollution Shocks Induced by a Recession," The Quarterly Journal of Economics, Volume 118, Issue 3 (August 2003), Pages 1121–1167.


Robert M. Solow, “The Economics of Resources or the Resources of Economics,” The American Economic Review, Vol. 64, No. 2, Papers and Proceedings of the Eighty-sixth Annual Meeting of the American Economic Association (May, 1974), pp. 1-14.

Robert Mendelsohn, William D. Nordhaus, and Daigee Shaw, “The Impact of Global Warming on Agriculture: A Ricardian Analysis,” The American Economic Review, Vol. 84, No. 4 (September 1994), pp. 753-771.


Martin L. Weitzman, "Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate," Journal of Environmental Economics and Management, Vol. 36, Issue 3 (1998), pp. 201-208.

Christian Gollier, "Discounting an Uncertain Future," Journal of Public Economics, Vol. 85, Issue 2 (August 2002), pp. 149-166.


Richard Newell, Adam Jaffe, and Robert Stavins. "The Induced Innovation Hypothesis and Energy-Saving Technological Change," Quarterly Journal of Economics, 114(3), 1999: 941-975.

David Popp. "Induced Innovation and Energy Prices," American Economic Review, 92(1), 2002: 160-180.


Due to a change in the timing of AERE's awards ceremonies, there was no PEQ awarded for the calendar year 2016.


Scott Barrett. "Self Enforcing International Environmental Agreements," Oxford Economic Papers, 46, October, 1994: 878-894.


John M. Hartwick. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, 67, 5 (1977): 972-974.


Lans Bovenberg and Ruud de Mooij. “Environmental Levies and Distortionary Taxation,” American Economic Review, 84, 4 (1994).

Lans Bovenberg  and Lawrence H. Goulder. “Optimal Environmental Taxation in the Presence of Other Taxes: General Equilibrium Analyses,” American Economic Review, 86, 4 (1996).


Gene M. Grossman and Alan B. Krueger. "Economic Growth and the 
Environment," Quarterly Journal of Economics 110,2 (1995): 353-377.

Werner Antweiler, Brian Copeland, and M. Scott Taylor. "Is Free Trade Good for the Environment?," American Economic Review 91, 4 (2001): 877-908.


Biological Diversity," Journal of Environmental Economics and Management 24, 1 (1993): 60-68. 

Martin Weitzman. "The Noah's Ark Problem," Econometrica 66, 6 (1998): 1279-98.


Frances R. Homans and James E. Wilen. “A Model of Regulated Open Access Resource Use,” Journal of Environmental Economics and Management 32, 1 (1997): 1-21.


Kathleen Segerson. "Uncertainty and Incentives for Nonpoint Pollution Control," Journal of Environmental Economics and Management 15, 1 (1988): 87-98.      


Karl-Göran MälerEnvironmental Economics: A Theoretical Inquiry(The John Hopkins University Press, 1974).


Judd Hammack and Gardner Mallard Brown, Jr. Waterfowl and Wetlands: Toward Bioeconomic Analysis (Resources for the Future, 1974).


H. Scott Gordon. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy 62, 2 (April 1954): 124-142.

    Anthony Scott. "The Fishery: The Objectives of Sole Ownership,"Journal of Political Economy 63, 2 (April 1955): 116-124.


    William Nordhaus. Managing the Global Commons: The Economics of Climate Change (MIT Press, 1994).


    David Montgomery. “Markets in Licenses and Efficient Pollution Control Programs,” Journal of Economic Theory 1972.




    Partha Dasgupta and Geoffrey Heal, Economic Theory and Exhaustible Resources, Cambridge:  Cambridge University Press, 1979.




    A. Myrick (Rick) Freeman III, The Benefits of Environmental Improvement:  Theory and Practice, Baltimore: The Johns Hopkins University Press for Resources for the Future, 1979.

    The Measurement of Environmental and Resource Values:  Theory and Methods, Washington, D.C.:  Resources for the Future, 1993.




    Thomas D. Crocker, "The Structuring of Atmospheric Pollution Control Systems,” in The Economics of Air Pollution, ed. H. Wolozin (Norton, New York, 1966) pp. 61-86. 




    Colin W. Clark, Mathematical Bioeconomics: The Optimal Management of Renewable Resources (Wiley Interscience, editions of 1976, 1990). 




    Richard Bishop and Thomas Heberlein, "Measuring Values of Extramarket Goods:  Are Indirect Measures Biased?" American Journal of Agricultural Economics, vol. 61, no. 5, December 1979.

    W. Michael Hanemann, "Welfare Evaluations in Contingent Valuation Experiments with Discrete Responses," American Journal of Agricultural Economics, vol. 66, no. 3, August 1984.




    Robert C. Mitchell and Richard T. Carson, Using Surveys to Value Public Goods:  The Contingent Valuation Method (Washington, D.C., Resources for the Future, 1989).




    Sherwin Rosen, "Hedonic Prices and Implicit Markets:  Product Differentiation in Pure Competition," Journal of Political Economy, 1974.




    Martin L. Weitzman, "Prices vs. Quantities," Review of Economic Studies, 1974.




    Kenneth Arrow and Anthony C. Fisher, "Environmental Preservation, Uncertainty and Irreversibility," Quarterly Journal of Economics, 1974.




    No award given.




    William J. Baumol and Wallace E. Oates, The Theory of Environmental Policy:  Externalities, Public Outlays, and the Quality of Life (Prentice-Hall, 1975; 2nd edition, Cambridge University Press, 1988).




    Oscar Burt and Durward Brewer, “Estimation of the Net Social Benefits from Outdoor Recreation,” Econometrica, 1971.




    Alan Randall, Berry Ives, and Clyde Eastman, “Bidding Games for Valuation of Aesthetic Environmental Improvements,” Journal of Environmental Economics and Management, 1974.




    John V. Krutilla, “Conservation Reconsidered,” American Economic Review, 1967.




    Harold Hotelling, “The Economics of Exhaustible Resources,” Journal of Political Economy, 1939.

    Robert U. Ayres and Allen V. Kneese, “Production, Consumption, and Externalities,” American Economic Review, 1969.