Institutions and Ecosystems

Cloé Garnache's research examines the optimal management of landscapes for multiple uses under uncertainty, and identifies the role of institutions on the returns to ecosystem services management. Her work uses bioeconomic models that link behavioural responses with ecological processes to understand the feedback loops between natural and human systems.

Ms Garnache's theoretical and empirical research in environmental regulation contributes insights to the design of efficient market instruments mitigating climate change and water quality pollution. Research in non-market valuation examines the factors affecting recreation demand, and estimates the value of aesthetic amenities as capitalised in housing prices.

Cloé Garnache's research has been published in the top environmental and resource economics journals. She teaches a PhD course in applied microeconomic theory and an undergraduate course in ecological economics. During her visit, she will offer three CES Lectures on "Environmental Pollution Regulation and Ecosystem Services Valuation".

Cloé Garnache is an environmental and natural resource economist in the Department of Agricultural, Food, and Resource Economics at Michigan State University. She is a member of the Michigan State University Water Science Network and a 2015 Fellow of the Academy for Global Engagement. She holds a PhD in Agricultural and Resource Economics from the University of California at Davis.