Raymond Guiteras received his PhD from the Massachusetts Insitute of Technology in 2008 and joined the faculty at the University of Maryland in the same year. His research interests include environmental economics, development economics and applied microeconometrics. His research papers to date have studied the impact of climate change on Indian agriculture, the benefits of a sanitation program in India, and the distributional effects of a compulsory schooling in the United Kingdom. Current research projects include a study of the effects of climate change-induced uncertainty on insurance markets and a series of randomized trials designed to measure the willingness to pay for clean water in northern Ghana. He teaches graduate microeconometrics and undergraduate development economics.
We utilize the Becker-Degroot-Marschak (1964) mechanism to estimate the willingness to pay for clean drinking water technology in northern Ghana. Under certain conditions, the BDM mechanism has attractive properties for empirical research, allowing us to directly estimate demand, compute heterogeneous treatment effects, and study the direct and screening effect of prices with minor modifications to a standard field experiment setting.
Global climate change is likely to cause rising sea levels and increased frequency and severity of flooding in low-lying areas. Evidence is needed on the magnitude and distribution of potential impacts, as well on possible avenues for adaptation.