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Front Matter

Front Matter Journal of the Association of Environmental and Resource Economists JAERE (ISSN 2333-5955) is published six times a year in January, March, May, July, September, and November for the Asso- ciation of Environmental and Resource Economists by The University of Chicago Press, 1427 E. 60th St., Chicago, IL 60637. Periodicals postage is paid at Chicago, IL, and additional mailing offices. POSTMASTER: Send address changes to Journal of the Association of Environmental and Resource Economists, The University of Chicago Press, Subscription Fulfillment, 1427 E. 60th Street, Chicago, IL 60637-2902 Jennifer Alix-Garcia, Oregon State University Editors: Shanjun Li, Cornell University Sheila M. Olmstead, University of Texas at Austin Christopher Timmins, Duke University Christian A. Vossler, University of Tennessee COEDITORS Tatyana Deryugina Nicolai Kuminoff Mar Reguant University of Illinois, Arizona State University Northwestern University Urbana-Champaign Jacob LaRiviere Michael Roberts Microsoft University of Hawaii Simon Dietz London School of Economics Daniel Millimet James Sanchirico Southern Methodist University University of California, Davis Stephen Holland University of North Nicholas Z. Muller Ulrich Wagner Carolina, Greensboro Carnegie Mellon University University of Mannheim, Germany Katrina Jessoe Matthew Neidell Andrew Yates University of California, Davis Columbia University University of North Carolina, Chapel Hill EDITOR IAL COU n CIL Stefan Ambec Daniel Kaffine David Rapson University of Toulouse France University of Colorado University of California, Davis Lint Barrage Derek Kellenberg James Sallee University of California, Santa Barbara University of Montana University of California, Berkeley Alan Barreca Allen Klaiber Nick Sanders Tulane University Ohio State University Cornell University Severin Borenstein Andrew Leach Kathleen Segerson University of California, Berkeley University of Alberta University of Connecticut Jared Carbone Derek Lemoine Jay Shimshack Colorado School of Mines University of Arizona University of Virginia Ujjayant Chakravorty David Lewis Martin Smith Tufts University Oregon State University Duke University Antoine Dechezlepretre John List V. Kerry Smith London School of Economics University of Chicago Arizona State University Harrison Fell Chuck Mason Michael Springborn North Carolina State University University of Wyoming University of California, Davis Eli Fenichel Klaus Moeltner Roger von Haefen Yale University Virginia Tech University North Carolina State University Meredith Fowlie Paulina Oliva Reed Walker University of California, Berkeley University of Southern California University of California, Berkeley Teevrat Garg Ariel Ortiz-Bobea Quinn Weninger University of California, San Diego Cornell University Iowa State University Garth Heutel Dominic Parker John Whitehead Georgia State University University of Wisconsin Appalachian State University Kelsey Jack Christopher Parmeter Hendrik Wolff Tufts University University of Miami Simon Fraser University Mark Jacobsen Billy Pizer Junjie Zhang University of California, San Diego Duke University Duke Kunshan University Sarah Jacobson Williams College Members of the Editorial Council are selected based on their contributions to the journal’s review process and are typically appointed for a two-year term. JA ER E JANUARY 2021 VOLUME 8 NUMBER 1 c ON t EN ts ARTICLES A Site-Portfolio Model for Multiple-Destination Recreation Trips: Valuing Trips to National Parks in the Southwestern United States George Parsons, Christopher G. Leggett, Joe Herriges, Kevin Boyle, Nancy Bockstael, Zhe Chen • 1 The Climate Risk Premium: How Uncertainty Affects the Social Cost of Carbon Derek Lemoine • 27 Chasing Clean Air: Pollution-Induced Travels in China Shuai Chen, Yuyu Chen, Ziteng Lei, Jie-Sheng Tan-Soo • 59 Think Globally, Cap Locally, and Trade Widely: Efficient Decentralized Policy Making in the Presence of Spillovers Joel R. Landry • 91 Use Forests or Lose Them? Regulated Timber Extraction and Tree Cover Loss in Mexico Allen Blackman, Laura Villalobos • 125 An Age-Structured Backward-Bending Supply of Fish: Implications for Conservation of Bluefin Tuna Qingran Li, Julia Bronnmann, Rachel Karasik, Martin F. Quaas, Martin D. Smith • 165 Journal of the Association of Environmental and Resource Economists Articles may be copied or otherwise reused without permission only to the extent permitted by Sections 107 and 108 of the US Copyright Law. Permission to copy articles for personal, inter ­ nal, classroom, or library use may be obtained from the Copyright Clearance Center (www.copyright .com). For all other uses, such as copying for general distribution, for advertising or promotional pur­ poses, for creating new collective works, or for resale, please contact Permissions Coordinator, Jour­ nals  Division, University of Chicago Press, 1427 East 60th Street, Chicago, IL 60637 USA. Fax: (773) 834-3489. E-mail: journalpermissions@press.uchicago.edu. Articles in the public domain may be used without permission, but it is customary to contact the author. JAERE Editorial Office, 1155 East 60th Street, NORC, Chicago, IL 60637. E-mail: jaere@press .uchicago.edu. Information for authors is available at the end of this issue. AERE members receive online access and access to the e-book edition as a benefit of member­ ship. Members may also purchase a print subscription for $28. Nonmember individual subscrip - tion  rates for 2021 are $98 for print + electronic and $83 for e-only (including e-Book format). Institutional print + electronic and e-only subscription rates are tiered according to an institution’s type and research output: $588 to $1,028 print + electronic, $511 to $894 e-only. Additional taxes or postage for non­ US subscriptions may apply. Free or deeply discounted access is available in most developing nations through the Chicago Emerging Nations Initiative (www.journals.uchicago.edu /ceni/). Please direct subscription inquiries, back­ issue requests, and address changes to The University of Chicago Press, Subscription Fulfillment, 1427 East 60th Street, Chicago, IL 60637-2902. Tele - phone: (773) 753-3347 or toll-free in the United States and Canada (877) 705-1878. Fax: (773) 753-0811 or toll-free (877) 705-1879. E-mail: subscriptions@press.uchicago.edu. Advertising space in JAERE is available, as is rental of its subscriber list. For information and rates, please contact the advertising sales staff, the University of Chicago Press, Journals Division, 1427 East 60th Street, Chicago, IL 60637. Advertising and list rental are limited to material of schol­ arly interest to our subscribers. The paper used in this publication meets the minimum requirements of American National Standard for Information Sciences—Permanence of Paper for Printed Library Materials, ANSI j ` Z39.48–1984. ™ © 2020 by The Association of Environmental and Resource Economists. All rights reserved. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of the Association of Environmental and Resource Economists University of Chicago Press

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Publisher
University of Chicago Press
Copyright
© 2021 by The Association of Environmental and Resource Economists. All rights reserved.
ISSN
2333-5955
eISSN
2333-5963
DOI
10.1086/713247
Publisher site
See Article on Publisher Site

Abstract

Journal of the Association of Environmental and Resource Economists JAERE (ISSN 2333-5955) is published six times a year in January, March, May, July, September, and November for the Asso- ciation of Environmental and Resource Economists by The University of Chicago Press, 1427 E. 60th St., Chicago, IL 60637. Periodicals postage is paid at Chicago, IL, and additional mailing offices. POSTMASTER: Send address changes to Journal of the Association of Environmental and Resource Economists, The University of Chicago Press, Subscription Fulfillment, 1427 E. 60th Street, Chicago, IL 60637-2902 Jennifer Alix-Garcia, Oregon State University Editors: Shanjun Li, Cornell University Sheila M. Olmstead, University of Texas at Austin Christopher Timmins, Duke University Christian A. Vossler, University of Tennessee COEDITORS Tatyana Deryugina Nicolai Kuminoff Mar Reguant University of Illinois, Arizona State University Northwestern University Urbana-Champaign Jacob LaRiviere Michael Roberts Microsoft University of Hawaii Simon Dietz London School of Economics Daniel Millimet James Sanchirico Southern Methodist University University of California, Davis Stephen Holland University of North Nicholas Z. Muller Ulrich Wagner Carolina, Greensboro Carnegie Mellon University University of Mannheim, Germany Katrina Jessoe Matthew Neidell Andrew Yates University of California, Davis Columbia University University of North Carolina, Chapel Hill EDITOR IAL COU n CIL Stefan Ambec Daniel Kaffine David Rapson University of Toulouse France University of Colorado University of California, Davis Lint Barrage Derek Kellenberg James Sallee University of California, Santa Barbara University of Montana University of California, Berkeley Alan Barreca Allen Klaiber Nick Sanders Tulane University Ohio State University Cornell University Severin Borenstein Andrew Leach Kathleen Segerson University of California, Berkeley University of Alberta University of Connecticut Jared Carbone Derek Lemoine Jay Shimshack Colorado School of Mines University of Arizona University of Virginia Ujjayant Chakravorty David Lewis Martin Smith Tufts University Oregon State University Duke University Antoine Dechezlepretre John List V. Kerry Smith London School of Economics University of Chicago Arizona State University Harrison Fell Chuck Mason Michael Springborn North Carolina State University University of Wyoming University of California, Davis Eli Fenichel Klaus Moeltner Roger von Haefen Yale University Virginia Tech University North Carolina State University Meredith Fowlie Paulina Oliva Reed Walker University of California, Berkeley University of Southern California University of California, Berkeley Teevrat Garg Ariel Ortiz-Bobea Quinn Weninger University of California, San Diego Cornell University Iowa State University Garth Heutel Dominic Parker John Whitehead Georgia State University University of Wisconsin Appalachian State University Kelsey Jack Christopher Parmeter Hendrik Wolff Tufts University University of Miami Simon Fraser University Mark Jacobsen Billy Pizer Junjie Zhang University of California, San Diego Duke University Duke Kunshan University Sarah Jacobson Williams College Members of the Editorial Council are selected based on their contributions to the journal’s review process and are typically appointed for a two-year term. JA ER E JANUARY 2021 VOLUME 8 NUMBER 1 c ON t EN ts ARTICLES A Site-Portfolio Model for Multiple-Destination Recreation Trips: Valuing Trips to National Parks in the Southwestern United States George Parsons, Christopher G. Leggett, Joe Herriges, Kevin Boyle, Nancy Bockstael, Zhe Chen • 1 The Climate Risk Premium: How Uncertainty Affects the Social Cost of Carbon Derek Lemoine • 27 Chasing Clean Air: Pollution-Induced Travels in China Shuai Chen, Yuyu Chen, Ziteng Lei, Jie-Sheng Tan-Soo • 59 Think Globally, Cap Locally, and Trade Widely: Efficient Decentralized Policy Making in the Presence of Spillovers Joel R. Landry • 91 Use Forests or Lose Them? Regulated Timber Extraction and Tree Cover Loss in Mexico Allen Blackman, Laura Villalobos • 125 An Age-Structured Backward-Bending Supply of Fish: Implications for Conservation of Bluefin Tuna Qingran Li, Julia Bronnmann, Rachel Karasik, Martin F. Quaas, Martin D. Smith • 165 Journal of the Association of Environmental and Resource Economists Articles may be copied or otherwise reused without permission only to the extent permitted by Sections 107 and 108 of the US Copyright Law. Permission to copy articles for personal, inter ­ nal, classroom, or library use may be obtained from the Copyright Clearance Center (www.copyright .com). For all other uses, such as copying for general distribution, for advertising or promotional pur­ poses, for creating new collective works, or for resale, please contact Permissions Coordinator, Jour­ nals  Division, University of Chicago Press, 1427 East 60th Street, Chicago, IL 60637 USA. Fax: (773) 834-3489. E-mail: journalpermissions@press.uchicago.edu. Articles in the public domain may be used without permission, but it is customary to contact the author. JAERE Editorial Office, 1155 East 60th Street, NORC, Chicago, IL 60637. E-mail: jaere@press .uchicago.edu. Information for authors is available at the end of this issue. AERE members receive online access and access to the e-book edition as a benefit of member­ ship. Members may also purchase a print subscription for $28. Nonmember individual subscrip - tion  rates for 2021 are $98 for print + electronic and $83 for e-only (including e-Book format). Institutional print + electronic and e-only subscription rates are tiered according to an institution’s type and research output: $588 to $1,028 print + electronic, $511 to $894 e-only. Additional taxes or postage for non­ US subscriptions may apply. Free or deeply discounted access is available in most developing nations through the Chicago Emerging Nations Initiative (www.journals.uchicago.edu /ceni/). Please direct subscription inquiries, back­ issue requests, and address changes to The University of Chicago Press, Subscription Fulfillment, 1427 East 60th Street, Chicago, IL 60637-2902. Tele - phone: (773) 753-3347 or toll-free in the United States and Canada (877) 705-1878. Fax: (773) 753-0811 or toll-free (877) 705-1879. E-mail: subscriptions@press.uchicago.edu. Advertising space in JAERE is available, as is rental of its subscriber list. For information and rates, please contact the advertising sales staff, the University of Chicago Press, Journals Division, 1427 East 60th Street, Chicago, IL 60637. Advertising and list rental are limited to material of schol­ arly interest to our subscribers. The paper used in this publication meets the minimum requirements of American National Standard for Information Sciences—Permanence of Paper for Printed Library Materials, ANSI j ` Z39.48–1984. ™ © 2020 by The Association of Environmental and Resource Economists. All rights reserved.

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Published: Jan 1, 2021

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