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Our Publications

Journal Article 

Amin, Sakib, Jamasb, Tooraj Llorca, Manuel, Marsiliani, Laura & Renström, Thomas (Accepted). On the Role of Captive Power Plants in the Bangladesh Electricity Sector. ADB (Asian Development Bank) Working Papers Series

Dorgali, M.V., Longo, A. Vass, C., Shields, G., Harrison, R. Scarpa, R. & Boeri, M. (2021). A General Public Study on Preferences and Welfare Impacts of Antimicrobial Resistance in the United Kingdom. PharmacoEconomics

de Villiers, C., Cho, C. H., Turner, M. J. & Scarpa, R. (2021). Are Shareholders Willing To Pay For Financial, Social And Environmental Disclosure? A Choice-Based Experiment. European Accounting Review

Pellegrini, A., Rose, J. & Scarpa, R. (2021). Multiple herbicide use in cropland: A discrete continuous model for stated choice data. Land Economics

Amin, S. Jamasb, T., Llorca, M. Marsiliani, L., Renström, T. I. & Sarkar, A. (2021). Captive Power, Market Access and Macroeconomic Performance: Reforming the Bangladesh Electricity Sector. Energy Economics 102: 105468.

Aftab, Ashar, Ahmed, Ajaz & Scarpa, Riccardo (2021). Farm Households’ Perception of Weather Change and Flood Adaptations in Northern PakistanEcological Economics 182(April 2021): 106882.

Scarpa, Riccardo Bazzani, Claudia Begalli, Diego & Capitello, Roberta (2021). Resolvable and near-epistemic uncertainty in stated preference for olive oil: an empirical explorationJournal of Agricultural Economics 72(2): 335-369.

Scarpa, R., Franceschinis, C. & Thiene, M. (2021). Logit Mixed Logit Under Asymmetry and Multimodality of WTP: a Monte Carlo EvaluationAmerican Journal of Agricultural Economics 103(2): 643-662.

Renström, T.I. & Spataro, L. (2021). Optimal taxation in an endogenous growth model with variable population and public expenditure. Journal of Public Economic Theory 23(4): 639-659.

Breton, Michele & Sbragia, Lucia (2020). Intra-brand competition in a differentiated oligopolyJournal of Economics 132(1): 1-40.

Renström, Thomas I., Spataro, Luca & Marsiliani, Laura (2020). Can subsidies rather than pollution taxes break the trade-off between economic output and environmental protection?. Energy Economics

De Salvo, Maria Scarpa, Riccardo Capitello, Roberta & Begalli, Diego (2020). Multi-country stated preferences choice analysis for fresh tomatoesBio-based and Applied Economics 9(3): 241-262.

Crastes Dit Sourd, R, Beaumais, O, Mahieu, P.A, Martinez-Camblor, P & Scarpa, R (2020). A Contingent Valuation Test for Measuring the Construct Validity of Willingness-to-pay Estimates derived from choice-experimentsLand Economics

Marsiliani, L., Renstrom, T. I. & Wang, J. (2020). Optimal sin taxes in the presence of income taxes and health care. Economics Letters 186: 108767.

Breton, M & Sbragia, L. (2019). The Impact of Adaptation on the Stability of International Environmental AgreementsEnvironmental and Resource Economics 74(2): 697-725.

Renstrom, T., Spatarom, L. & Marsiliani,L. (2019). Optimal taxation, environment quality, socially responsible firms and investors. International Review of Environmental and Resource Economics 13(3-4): 339-373.

Amin, S., Jamasb, T., Llorca, M., Marsiliani, L. & Renstrom, T. I. (2019). Combining Private and Public Resources: Captive Power Plants and Electricity Sector Development in Bangladesh. Emerging Markets Finance and Trade

Ndebele, T, Marsh, D & Scarpa, R. (2019). Consumer switching in retail electricity markets: Is price all that matters? Energy Economics 83: 88-103.

Renstrom, T., Spatarom, L. & Marsiliani,L. (2019). Optimal taxation, environment quality, socially responsible firms and investors. International Review of Environmental and Resource Economics 13(3-4): 339-373.

Renström, T. & Spataro, L. (2019). Population Growth: A Pure Welfarist ApproachJournal of Public Economic Theory 21(1): 135-166.

Thiene, M., Franceschinis, C. & Scarpa, R. (2019). Congestion management in protected areas: accounting for respondents’ inattention and preference heterogeneity in stated choice dataEuropean Review of Agricultural Economics 46(5): 834-861.

Di, J., Li, C. & Marsiliani, L. (2018). The relationship between growth and the environment in Beijing, using PM2.5 concentrations. Review of Business and Economics Studies 6(2): 5-18.

Bennett, M. T., Gong, Y. & Scarpa, R. (2018). Hungry Birds and Angry Farmers: Using Choice Experiments to Assess “Eco-compensation” for Coastal Wetlands Protection in ChinaEcological Economics 154: 71-87.

Agnoli, L., Boeri, M., Scarpa, R., Capitello, R. & Begalli, D. (2018). Behavioural patterns in Mediterranean-style drinking: Generation Y preferences in alcoholic beverage consumptionJournal of Behavioral and Experimental Economics 75: 117-125.

Mariel, P., Scarpa, R. & Vega-Bayo, A. (2018). Joint parental school choice: exploring the influence of individual preferences of husbands and wives. Regional Science and Urban Economics 68: 23-35.

Caputo, V., van Loo, E., Scarpa, R., Nayga Jr., R.M. & Verbeke, W. (2018). Comparing Serial, Choice task Stated and Inferred Attribute Non-Attendance Methods in Food Choice Experiments. Journal of Agricultural Economics 69(1): 35-57.

Marsiliani, L. & Liu, X. (2017). Share-Ownership Distribution and Extraction Rate of Petrolium in Oil Fields. Review of Business and Economics Studies 5(1): 42-53

Johnston, R.J., Boyle, K.J., Adamowicz, W., Bennett, J., Brouwer, R., Cameron, T.A., Hanemann, W.M., Hanley, N., Scarpa, R., Tourangeau, R. & Vossler, C.A. (2017). Contemporary Guidance for Stated Preference StudiesJournal of the Association of Environmental and Resource Economists 4(2): 319-405.

Phillips, Y., Scarpa, R. & Marsh, D. (2017). Stability of willingness-to-pay for coastal management: a choice experiment across three time periodsEcological Economics 138: 64-73.

Breton, M. & Sbragia, L. (2017). Adaptation to Climate Change: Commitment and Timing Issues. Environmental and Resource Economics 68(4): 975-995.

Franceschinis, C., Thiene, M., Scarpa, R., Rose, J., Moretto, M. & Cavalli, R. (2017). Adoption of renewable heating systems: An empirical test of the diffusion of innovation theoryEnergy 125: 313-326.

Caputo, V., Scarpa, R. & Nayga, R. (2017). Cue versus independent food attributes: the effect of adding attributes in choice experimentsEuropean Review of Agricultural Economics 44(2): 211-230.

Fu, B., Dyer, F., Kravchenko, A., Dyack, B., Merritt, W. & Scarpa, R. (2017). A note on communicating environmental change for non-market valuation. . Ecological Indicators72: 165-172. 

Thiene, M., Shaw, D. & Scarpa, R. (2017). Perceived risks of mountain landslides in Italy: stated choices for subjective risk reductions. . Landslides14(3): 1077-1089. 

Thiene, M., Swait, J. & Scarpa, R. (2017). Choice set formation for outdoor destinations: the role of motivations and preference discrimination in site selection for the management of public expenditures on protected areas.. Journal of Environmental Economics and Management81: 152-173. 

Matthews, Y., Scarpa, R. & Marsh, D. (2017). Using virtual environments to improve the realism of choice experiments: a case study about coastal erosion management.. Journal of Environmental Economics and Management81: 193-208. 

Orea, L. & Jamasb, T. (2017). Regulating Heterogeneous Utilities: A New Latent Class Approach with Application to the Norwegian Electricity Distribution Networks.. The Energy Journal38(4): 101-127. 

Jamasb, T., Nepal, R. & Timilsina, G. (2017). A Quarter Century Effort Yet to Come of Age: A Survey of Electricity Sector Reform in Developing Countries. . The Energy Journal38(3): 195-234. 

Gibson, J., Scarpa, R. & Rohorua, H. (2017). Estimating the willingness to pay for Warmer and Drier Homes.. New Zealand Economic Papers51(1): 15-27. 

McMichel, A., Boeri, M., Rolison, J., Kane, J., O’Neill, F., Kee, F. & Scarpa, R. (2017). The influence of genotype information on psychiatrists’ treatment recommendations: more experienced clinicians know better what to ignore. . Value in Health20(1): 126-131. 

Yan, C. & Zhang, H. (2017). Mean-Variance versus Naïve Diversification: The Role of Mispricing. Journal of International Financial Markets Institutions & Money48: 61-81. 

Nepal, Rabindra, Jamasb, Tooraj & Tisdell, Clement Allan (2017). On Environmental Impacts of Market-Based Reforms: Evidence from the European and Central Asian Transition Economies. Renewable and Sustainable Energy Reviews73: 44-52. 

Aftab, A., Hanley, N. & Baiocchi, G. (2017). Transferability of Policies to Control Agricultural Nonpoint Pollution in Relatively Similar Catchments.. Ecological Economics134: 11-21. 

Jobling, A. & Jamasb, T. (2017). Price Volatility and Demand for Oil: A Comparative Analysis of Developed and Developing Countries. . Economic Analysis and Policy53: 96-113. 

Poudineh, R. & Jamasb, T. (2017). Electricity Supply Interruptions: Sectoral Interdependencies and the Cost of Energy Not Served for the Scottish Economy.. The Energy Journal38(1): 51-76. 

Caputo, V., Scarpa, R. & Nayga, R. (2017). Cue versus independent food attributes: the effect of adding attributes in choice experiments.. European Review of Agricultural Economics44(2): 211-230. 

Llorca, M., Baños, J., Somoza, J. & Arbués, P. (2017). A stochastic frontier analysis approach for estimating energy demand and efficiency in the transport sector of Latin America and the Caribbean.. The Energy Journal38(5). 

Newman, P.A., Cameron, S., Roungprakhon, S., Tepjan, S. & Scarpa, R. (2016). Acceptability and Preferences for Hypothetical Rectal Microbicides among a Community Sample of Young Men who have Sex with Men and Transgender Women in Thailand: A Discrete Choice Experiment. . AIDS and Behaviour20(11): 2588-2601. 

Franceschinis, C., Scarpa, R., Thiene, M., Rose, J., Moretto, M. & Cavalli, R. (2016). Exploring The Spatial Heterogeneity of Individual Preferences for Ambient Heating Systems. . Energies9(6): 407. 

Llorca, M., Orea, L. & Pollitt, M. G. (2016). Efficiency and environmental factors in the US electricity transmission industry. Energy Economics55: 234-246. 

Tobiasson, W., Beestermöller, C. & Jamasb, T. (2016). Public Engagement in Electricity Network Development: The Case of the Beauly–Denny Project in Scotland.. Economia e Politica Industriale43(2): 105-126. 

Tobiasson, W. & Jamasb, T. (2016). The Solution that Might Have Been: Resolving Social Conflict in Deliberations about Future Electricity Grid Development. Energy Research & Social Science17: 94-101. 

Poudineh, R. & Jamasb, T. (2016). Determinants of Investment under Incentive Regulation: The Case of the Norwegian Electricity Distribution Networks. Energy Economics53: 193-202. 

Yan, C., Phylaktis, K. & Fuertes, A. (2016). On cross-border bank credit and the U.S. financial crisis transmission to equity markets.. Journal of International Money and Finance69: 108-134. 

Fuertes, A., Phylaktis, K. & Yan, C. (2016). Hot money in bank credit flows to emerging markets during the banking globalization era.. Journal of International Money and Finance60: 29-52. 

Mattea, S., Franceschinis, C., Scarpa, R. & Thiene, M. (2016). Valuing landslide risk reduction programs in the Italian Alps: the effect of visual information on preference stability.. Land Use Policy59: 176-184. 

Carvalho, A., Nepal, R. & Jamasb, T. (2016). Economic Reforms and Human Development: Evidence from Transition Economies.. Applied Economics48(14): 1330-1347. 

Orea, L., Growitsch, C. & Jamasb, J. (2015). Using Supervised Environmental Composites in Production and Efficiency Analyses: An Application to Norwegian Electricity Networks. Competition and Regulation in Network Industries16(3): 260-288. 

Pal, R. & Saha, B. (2015). Pollution Tax, Partial Privatization and Environment. Resource and Energy Economics40: 19-35. 

Jamasb, T. & Nepal, R. (2015). Issues and Options in the Economic Regulation of European Network Security.. Competition and Regulation in Network Industries16(1): 2-22. 

Nepal, R. & Jamasb, T. (2015). Caught Between Theory and Practice: Government, Market, and Regulatory Failure in Electricity Sector Reforms. Economic Analysis and Policy46: 16-24. 

Orea, L., Llorca, M. & Filippini, M. (2015). A new approach to measuring the rebound effect associated to energy efficiency improvements: An application to the US residential energy demand. Energy Economics49: 599-609. 

Jamasb, T. & Pollitt, M.G. (2015). Why and How to Subsidise Energy R+D: Lessons from the Collapse and Recovery of Electricity Innovation in the UK.. Energy Policy83: 197-205. 

Mkwara, L., Marsh, D. & Scarpa, R. (2015). The effect of within-season variability on estimates of recreational value for trout anglers in New Zealand. Ecological Economics119: 338-345. 

Thiene, M., Scarpa, R. & Louviere, J. (2015). Addressing preference heterogeneity, multiple scales and attribute attendance with a correlated finite mixing model of tap water choice. Environmental and Resource Economics62(3): 637-656. 

Yao, R., Scarpa, R., Rose, J.M. & Turner, J. (2015). Experimental Design Criteria and Their Behavioural Efficiency: An Evaluation in the Field.. Environmental and Resource Economics62(3): 433-455. 

Poudineh, R. & Jamasb, T. (2015). A New Perspective: Investment and Efficiency under Incentive Regulation.. The Energy Journal36(4): 241-263. 

Renström, T. & Spataro, L. (2015). Population Growth and human capital: a Welfarist Approach. The Manchester School83(S2): 110-141. 

Nepal, R. & Jamasb, T. (2015). Market integration with energy-only markets and renewables: lessons of experience from Australia.. Oxford Energy Forum (104): 14-16. 

Nepal, R. & Jamasb, T. (2015). Incentive regulation and utility benchmarking for electricity network security.. Economic Analysis and Policy48: 117-127. 

Amin, S. B. & Marsiliani, L. (2015). Energy Price Shocks in Dynamic Stochastic General Equilibrium: The Case of Bangladesh . Review of Business and Economics Studies3(4): 12-21. 

Yan, C. (2015). Foreign Investors in Emerging Equity Markets: Currency Effect Perspective.. Journal of Investment Consulting16(1): 43-72. 

Llorca, M., Orea, L. & Pollitt, M.G. (2014). Using the latent class approach to cluster firms in benchmarking: An application to the US electricity transmission industry.. Operations Research Perspectives1(1): 6-17. 

Rungie, C., Scarpa, R. & Thiene, M. (2014). The influence of individuals in forming collective household preferences for water quality.. Journal of Environmental Economics and Management68(1): 161-174. 

Campbell, D., Hensher, D.A. & Scarpa, R. (2014). Bounding WTP distributions to reflect the ‘actual’ consideration set. Journal of Choice Modelling11: 4-15. 

Aravena, C., Martinsson, P. & Scarpa, R. (2014). Does money talk? — The effect of a monetary attribute on the marginal values in a choice experiment.. Energy Economics44: 483-491. 

Yao, R.T., Scarpa, R., Turner, J.A., Barnard, T.D., Rose, J.M., Palma, J.H.N. & Harrison, D.R. (2014). Valuing biodiversity enhancement in New Zealand's planted forests: Socioeconomic and spatial determinants of willingness-to-pay.. Ecological Economics98: 90-101. 

Nepal, R., Jamasb, T. & Tisdell, C.A. (2014). Market-Related Reforms and Increased Energy Efficiency in Transition Countries: Empirical Evidence. Applied Economics46(33): 4125-4136. 

Saha, B. & Pal, R. (2014). Mixed duopoly and environment. Journal of Public Economic Theory16(1): 96-118. 

Nepal, R., Menezes, F. & Jamasb, T. (2014). Network Regulation and Regulatory Institutional Reform: Revisiting the Case of Australia. Energy Policy73: 259-268. 

Godarzi, A.A., Madadi Amiri, R., Talaei, A. & Jamasb, T. (2014). Predicting Oil price Movements: A Dynamic Artificial Neural Network Approach. Energy Policy68: 371-382. 

Poudineh, R. & Jamasb, T. (2014). Distributed Generation, Storage, Demand Response, and Energy Efficiency as Alternatives to Grid Capacity Enhancement. Energy Policy67: 222-231. 

Tee, J., Scarpa, R., Marsh, D. & Guthrie, G. (2014). Forest valuation under the New Zealand Emissions Trading Scheme: a real options binomial tree with stochastic carbon and timber prices.. Land Economics90(1): 44-60. 

Boeri, M., Scarpa, R. & Chorus, C.G. (2014). Stated choices and benefit estimates in the context of traffic calming schemes: Utility maximization, regret minimization, or both?. Transportation Research Part A: Policy and Practice61: 121-135. 

Kampas, A., Melfou, K. & Aftab, A. (2013). Designing Regulatory Policies for Complex Externalities: The Case of Agricultural Pollution. Agricultural Economics Review14(2). 

Cicia, G., Cembalo, L., Del Giudice, T. & Scarpa, R. (2013). Country-of-origin effects on Russian wine consumers. Journal of Food Products Marketing19(4): 247-260. 

Jamasb, T. & Nepal, R. (2013). Security of the European Electricity Systems: Conceptualizing the Assessment Criteria and Core Indicators. International Journal of Critical Infrastructure Protection6(3-4): 182-196. 

Meier, H., Jamasb, T. & Orea, L. (2013). Necessity or Luxury Good? Household Energy Spending and Income in Britain 1991-2007.. The Energy Journal34(4): 109-128. 

Scarpa, R., Zanoli R., Bruschi V. & Naspetti S. (2013). Inferred and stated attribute non-attendance in food choice experiments. American Journal of Agricultural Economics95(1): 165-180. 

Caputo, V., Nayga R. & Scarpa R. (2013). Food miles or carbon emissions? Exploring labeling preference for food transport footprint with a stated choice study. Australian Journal of Agricultural and Resource Economics57: 465-482. 

Thiene, M., Scarpa R., Galletto L. & Boatto V. (2013). Sparkling wine choice from supermarket shelves: the impact of certification of origin and production practices. Agricultural Economics44: 523-536. 

Cameron M. P., Newman P. A., Roungprakhon S. & Scarpa R. (2013). The Marginal Willingness-to-Pay for Attributes of a Hypothetical HIV Vaccine. Vaccine31(36): 12: 3712–3717. 

Thiene, M., Scarpa, R., Galletto, L. & Boatto, V. (2013). Determinants of WTP for Prosecco wine: a latent class regression with attitudinal responses. British Food Journal11(2): 279-289. 

Sen, A. & Jamasb, T. (2012). Diversity in Unity: An Empirical Analysis of Electricity Deregulation in Indian States.. The Energy Journal33(1): 83-130. 

Growitsch, C., Jamasb, T., & Wetzel, H. (2012). Efficiency effects of observed and unobserved heterogeneity: Evidence from Norwegian electricity distribution networks. Energy Economics34(2): 542-548. 

Jamasb, T., Orea, L. & Pollitt, M.G. (2012). Estimating Marginal Cost of Quality Improvements: The Case of the UK Electricity Distribution Companies. Energy Economics34(5): 1498-1506. 

Nepal, R. & Jamasb, T. (2012). Interconnections and Market Integration in the Irish Single Electricity Market. Energy Policy51: 425-434. 

Jamasb, T. & Nepal, R. (2012). Reforming the Power Sector in Transition: Do Institutions Matter? Energy Economics34(5): 1675-1682. 

Scarpa, R., Thiene, M. & Hensher D. (2012). Preferences for tap water attributes within couples: An exploration of alternative mixed logit parameterizations. Water Resources Research 

Zanoli, R. Scarpa, R. Napolitano, F. Piasentier, E. Naspetti, S. & Bruschi V. (2012). Organic label as an identifier of environmentally related quality: A consumer choice experiment on beef in Italy. Renewable Agriculture and Food Systems28(1): 70-79. 

Campbell, D., Hensher D. & Scarpa R. (2012). Cost thresholds, cut-offs and sensitivities in stated choice analysis: identification and implications. Resource and Energy Economics34(3): 396-411. 

Nocella, G., Boecker, A., Hubbard, L. & Scarpa, R. (2012). Eliciting consumer preferences for certified animal-friendly foods: can elements of the theory of planned behavior improve choice experiment analysis? Psychology and Marketing29(11): 850-868. 

Spataro, L. & Renstrom, T. (2012). Optimal taxation, critical-level utilitarianism and economic growth. Journal of Public Economics96(9-10): 727-738. 

Stithou, M. & Scarpa, R. (2012). Collective versus voluntary payment in contingent valuations for the conservation of marine biodiversity: an exploratory study from Zakynthos, Greece. Ocean and Coastal Management56: 1-9. 


Singh, A., Jamasb, T., Nepal, R. & Toman, M. A. (2015). Cross-Border Electricity Cooperation in South Asia. Environment and Energy Team, Development Research Group. World Bank. 

Jamasb, T., Nepal, R. & Timilsina, G. R. (2015). A Quarter Century Effort Yet to Come of Age: A Survey of Power Sector Reform in Developing Countries. Environment and Energy Team, Development Research Group. World Bank Group.