Stephan Kroll, PhD.

Professor

Agricultural and Resource Economics


Fields of Expertise

Agricultural and Natural Resource Economics, Anthropology, History, Sociology

Areas of Interest

Experimental and behavioral economics, Industrial organization


Biography

Dr. Kroll received a M.S. and Ph.D. in Economics from the University of Wyoming in 1996 and 1999, respectively. Dr. Kroll's research focuses on the institutional and behavioral components of decision-making, with emphasis on environmental, resource and agricultural topics. His primary tool to analyze such decision-making is the use of laboratory experiments, in which human subjects face an incentive system that resembles the incentives from the real world. Participants in these experiments earn money depending on their own decisions, on the decisions of other participants and, to a small extent, on luck. Current projects include studies of how to make efficient policies like environmental taxes more acceptable, of the impact of leasing opportunities on the water for permanent water rights and of behavior in different public good situations. In recent publications, he and his colleagues analyzed income heterogeneity and contributions to public goods, the introduction of options into water markets and the differences between behavior in markets and in public good games. All these projects have used methods from experimental economics. Dr. Kroll is a 2013-2014 SoGES fellow and an editorial board member of the journal Strategic Behavior and the Environment.