Dr. Kroll received a M.S. and Ph.D. in Economics form the University of Wyoming in 1996 and 1999, respectively. Dr Kroll's research focuses on the institutional and behavioral components of decision-making, with emphasis on environmental, resource and agricultural topics. His primary tool to analyze such decision-making is the use of laboratory experiments, in which human subjects face an incentive system that resembles the incentives from the “real world.” Participants in these experiments earn money depending on their own decisions, on the decisions of other participants and, to a small extent, on luck. Current projects include studies of how to make efficient policies like Pigouvian taxes more popular, of the impact of different market institutions on trading and of the introduction of options into water markets. In recent publications, he and his colleagues analyzed the impact of income heterogeneity on contributions to public goods, the effect of domestic political institutions on international climate change negotiations, and the impact of local fiscal institutions on self-reported happiness.
Other Research Interests
Experimental and behavioral economics; Industrial organization
Office: B313 Clark Bldg.
Office Phone: (970) 491-0887