Cloé Garnache

Assistant Professor
Department of Economics
University of  Oslo
cloe.garnache at

CV [pdf]

My research

My research interests are in environmental, public, and urban economics. Recent projects investigate the effect of risk on home prices and examine the effectiveness of  environmental policies. The methods I use include microeconomic theory, econometrics, survey and experiment designs, dynamic programming, and bioeconomic modeling.

Selected peer-reviewed articles

Reeling, C., Garnache, C., and Horan, R. (2018) “Efficiency Gains from Integrated Multipollutant Trading.” Resource and Energy Economics, 52:124--136.

Garnache, C. and Mérel, P.R.
(2017) The Social Costs of Environmental Goods Provision: A Cautionary Guide to the Revealed-Preference Approach. Journal of the Association of Environmental and Resource Economists, 4(4):1025--1052.

Garnache, C., 
Mérel, P.R., Lee, J., and Six, J. (2017) “The Social Costs of Second-Best Policies: Evidence from Agricultural GHG Mitigation.” Journal of Environmental Economics and Management, 82:39--73.

Garnache, C., Swinton, S.M., Herriges, J.H., Lupi, F., and Stevenson, R.J. (2016) Solving the Phosphorus Pollution Puzzle: Synthesis and Directions for Future Research.American Journal of Agricultural Economics, 98(5):1334--1359.

Garnache, C. (2015) Fish, Farmers, and Floods: Coordinating Institutions to Optimize the Provision of Ecosystem Services. Journal of the Association of Environmental and Resource Economists, 2(3):367--399.

Working papers

Does the Salience of Risk Affect Large, Risky Asset Purchases?

“Differential Effects of Wildfires on Housing Prices: Do Risk Zones Convey Information to Homeowners?” (with S. Tanner and F. Lupi)

“Linking Markets to Improve Trading Program Participation and Performance” (with C. Reeling and R. Horan)

Research in progress

“Do Social Comparisons Nudge Conservation Effort? Evidence from a Randomized Control Trial” (with J. Herriges and F. Lupi)

“First or Second-Bidder Advantage in English Auctions? Evidence from  Housing Auctions'  (with A.K.  Anundsen and E. Røed Larsen)

“Environmental Policy in General Equilibrium: The Choice of the Numeraire Matters'  (with P. Mérel)