Professor Peter Clinch is a welfare economist who has spent his career researching areas where the market economy fails to function correctly in the allocation of society’s scare resources. His principal research contributions relate to: the measurement of, and factors determining, societal welfare; definition and measurement of ‘value’ in this context; how markets fail to correctly price certain assets; and how policy can be designed to correct for these market failures.
His principal focus has been on environmental and resource economics. He has published articles in leading international journals on a wide range of themes including, inter alia, climate change, air quality, transport, land use, forestry, energy, health, housing, and planning.
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