Our 5th year of Science on Tap continues!
A time to eat, drink & talk about science!
Excited to share the news
on Central is our new home
Join us Thursday, September 1st at 5:30!
People, Behavior, Incentives and Water
Dr Janie Chermak
University of New Mexico
Department of Economics
Water is a unique. In
semi-arid climates, there is rarely enough, there can be severe shortages
during times of drought and yet it is not uncommon to see expansive lawns,
sprinklers on, or unlimited growth. A better
understanding of people’s perceptions about water and water availability, the
incentives that drive their choices, and the dynamic interactions these factors
have on water resources can inform policy and the use of a scarce resource. This research focuses on the intersection of
economics, human behavior and water resources.
The talk will focus on the development and results of a series of water
and human response experiments and the incorporation of these results into
dynamic water resource models.
Janie
Chermak is a professor in the Department of Economics and former chair of the
department. She is an applied micro economist who specializes in natural
resource economics research. She earned
a MSc. and a PhD in Mineral Economics from the Colorado School of Mines and a
BA in geology from Western State College.
Prior to earning her graduate degrees she was a practicing geologist
focusing on uranium exploration and natural gas exploration and
development. Before joining the faculty
at the University of New Mexico in 1995, she was a member of the faculty at the
Naval Postgraduate School. Since joining
UNM her research has focused on various aspects of resource economics ranging from
consumer issues in water, to common pool problems in invasive species, to
efficient production of fossil fuels and the tradeoffs between energy/water
futures. Her work is interdisciplinary
in nature and often incorporates aspects of the physical sciences within a
dynamic optimization framework. This results
in work that advances the discipline, provides learning tools for students, and
provides improved information for policymakers
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