Ph.D., Economics, Binghamton University, Spring 2013
B.A.B.S., Finance and Business Economics, The Ohio State University, 2001
Water economics, common pool resource management, dynamic decision making under uncertainty, and complex systems. Water economics includes watershed management, water quality, valuation, and water quantity –allocative- issues. Tools employed include Geographic Information Systems (GIS), agent-based modeling, and regression analysis. Early work on groundwater economics introduces basic hydrology into economic models of groundwater extraction to understand the economic effects of lateral water flows. I am also interested in Case-based Decision Theory and the application of this theory to empirical data in natural resources, as an alternative to rational expectations.
Guilfoos, T., Pape, A. D., Khanna, N., & Salvage, K. (2013). Groundwater management: The effect of water flows on welfare gains. Ecological Economics, 95, 31-40.
“Rational Expectations Voting in Agent-based Models: An Application to Tax Ceilings” Andreas Pape, Todd Guilfoos, Nathan Anderson, and Jeff Schmidt (Forthcoming) Review of Behavioral Economics
Guilfoos, T., & Pape, A. D. (2016). Predicting human cooperation in the Prisoner’s Dilemma using case-based decision theory. Theory and Decision,80(1), 1-32.
“Efficiency of Viable Groundwater Management Policies” Todd Guilfoos, Neha Khanna, Jeffery M. Peterson (Forthcoming) Land Economics
Boslett, A., Guilfoos, T., & Lang, C. (2016). Valuation of expectations: a hedonic study of shale gas development and New York’s Moratorium.Journal of Environmental Economics and Management, 77, 14-30.
“Endowment Effects and Drinking Water Quality” Pamela Booth, Todd Guilfoos, Emi Uchida- (Forthcoming) ARER
“The Effect of Cost-share Programs on Ground Water Exploitation and Nonpoint-source Pollution under Endogenous Technical Change” C.S. Kim, Todd Guilfoos- (Forthcoming) ARER
“The impact of information on behavior under an ambient-based policy for regulating nonpoint source pollution” Haoran Miao, Jacob Fooks, Todd Guilfoos, Kent Messer, Soni M. Pradhanang, Jordan Suter, Simona Trandafir, and Emi Uchida – (Forthcoming) WRR