Data and Decision Tools
Today’s environmental experts have a wide range of tools at their disposal for the design and evaluation of local, state, regional, and national policies. Many of these tools were developed at RFF, and the organization’s contribution to the field of environmental economics remains one of its greatest legacies.
Measuring the benefits and costs of environmental regulations
Carbon and Land Use Model (CALM)
The Carbon and Land Use Model (CALM) links an econometric discrete choice model of land use conversions with a carbon storage model that predicts carbon dynamics due to land use change.
Exploring how to best empirically determine the appropriate discount rate for future costs and benefits
Goulder-Hafstead Energy-Environment-Economy (E3) CGE Model
The E3 CGE model is a multi-period, economy-wide general equilibrium model of the United States with international trade.
Developing an account for the value of nature’s products and services
Policy Design and Evaluation
Evaluating policy instruments and identifying novel policy design approaches
RFF Vehicle Market Model
The RFF Vehicle Market Model analyzes the US market for new passenger vehicles and light trucks using a unique dataset of 1.5 million vehicle purchase decisions.
Risk Analysis and Uncertainty
Quantifying and reducing uncertainty and analyzing climate and disaster risk
Researching both stated and revealed preference approaches to valuation
Value of Statistical Life
Contributing to efforts to improve VSL estimation