Dr. Wade Litt
Assistant Professor of Economics
Area of Expertise: Environmental economics
Dr. Litt is an applied economist with a Master’s specialty in Environmental Economics and an interest in water-related research that has led to involvement in multiple international projects. He consulted for an NGO in Kenya focusing the on the process of drying and storing maize to prevent the growth of aflatoxins. In Panama, Dr. Litt worked as a field volunteer with the Smithsonian Tropical Research Institute, taking water samples in the Panama Canal watershed on a project researching land-use and water runoff.
“We can use Economics to study water in a myriad of interesting ways, from thinking about the Tragedy of the Commons problem facing public goods and the associated negative externalities, to using nonmarket valuation techniques to estimate the economic value and pricing of water sources, to examining the important role waterways have played in developing and facilitating economic infrastructure and activity around the world.”
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