Contacts:	David Brookshire, (505) 277-1964 Richard Santos, (505) 277-2107 Steve Carr, (505) 277-1821
June 11, 2002 UNM ECONOMICS PROFESSORS TO PRESENT WORK AT CONFERENCE Several University of New Mexico Economics Department professors will participate in the Second World Congress of Environmental Economists hosted by the Giannini Foundation of Agricultural and Resource Economics, June 24-27, in Monterey, Calif. The conference, which is the largest of its kind drawing environmental and resource economists from around the world, will focuses on issues and research amongst economists. “I’m very pleased that nearly half of the department faculty will be participating in this very prestigious conference,” said Economics Chair Richard Santos. “It involves many of our faculty members in an area of our department that is well known. “It also speaks well for our faculty members’ ability to draw financial support for these papers. We are very proud and I think this will be very helpful both in recruiting graduate students and letting other universities in the country know of our fine work in this area.” The following UNM faculty will present their work at the conference: “A Web-Based Risk Experiment: Design and Implementation,” David S. Brookshire and Philip Ganderton; “Water Consumption: Comparing Consumer Response In and Out of the Lab,” Kate Krause, Janie Chermak and Brookshire; “Western Water Market Prices and the Economic Value of Water,” Brookshire, Ganderton, and graduate students Mary Ewers and Joe Little; “The Demand for Water: Consumer Response to Scarcity,” Krause, Chermak and Brookshire; and “Lab and Field Studies of Experience and Subject Pool Effects in Contingent Valuation,” UNM alumni and University of Tennessee professor Steven Stewart , Alok Bohara, Brookshire and Ganderton. In addition to the work and research findings being presented, Brookshire and Chermak will co-chair a session, Water Quantity, Quality Allocation and Valuation Issues, while Ganderton will lead a discussion session on the topic. “This is more than just a regular meeting to us,” said Brookshire. “We have had a well know program of environmental and resource economics at UNM for some time and this conference gives the Department of Economics at UNM tremendous visibility in those areas.” The conference is sponsored by the Association of Environmental and Resource Economists, the European Association of Environmental and Resource Economists. Conference co-hosts include: the University of California at Berkeley and at Davis, the Donald Bren School of Environmental Science and Management at the University of California, Santa Barbara. # # #

The University of New Mexico
Public Affairs Department
Hodgin Hall, 2nd floor
Albuquerque, NM 87131-0011
Telephone: (505) 277-5813
Fax: (505) 277-1981