Research Interests

Please email me to request a copy of any paper if you do not have institutional or personal access.


Asare, E, Lloyd-Smith, P, Belcher, K. (2022). Spatially Explicit Modeling of Wetland Conservation Costs in Canadian Agricultural Landscapes. Canadian Journal of Agricultural Economics. (Paper)

Macaskill, J, Lloyd-Smith, P. (2022) Six decades of environmental resource valuation in Canada: A synthesis of the literature. Canadian Journal of Agricultural Economics. (Paper, Appendix)

Entem, A, Lloyd-Smith, P, Adamowicz, W, Boxall, P. (2021). Using inferred valuation to quantify survey and social desirability bias in stated preference research. American Journal of Agricultural Economics. (Paper)

Lloyd-Smith, P. (2021). The Economic Benefits of Recreation in Canada. Canadian Journal of Economics 54 (4) November. (Paper)

Baulch, H, Whitfield, C, Wolfe, J, Basu, N, Bedard-Haughn, A, Belcher, K, Clark, B, Ferguson, G, Hayashi, M, Ireson, A, Lloyd-Smith, P, Loring, P, Pomeroy, J, Shook, K, Spence C, (2021) Synthesis of science: findings on Canadian Prairie wetland drainage Canadian Water Resources Journal (Paper)

Oehlmann, M, Meyerhoff, J, Glenk, K, Lloyd-Smith, P. (2021). Quantifying landscape externalities of renewable energy development: Implications of attribute cut-offs in choice experiments Resource and Energy Economics 65: 101240. (Paper)

Lloyd-Smith, P, Adamowicz, W, Entem, A, Fenichel, E, Rouhi Rad, M. (2021). The Decade after Tomorrow: Estimation of Discount Rates from Realistic Temporal Decisions Journal of Economic Behavior and Organization 183: 158-174. (Paper)

Rouhi Rad, M, Adamowicz, W, Entem, A, Fenichel, E, Lloyd-Smith, P. On the Substitution and Complementarity of Natural and Physical Capital: The Case of Panama Canal Expansion Journal of the Association of Environmental and Resource Economists 8(6): 1115-1146. (Paper)

Nijhum, F, C Westbrook, B Noble, K Belcher, P Lloyd-Smith (2021). Evaluation of alternative land-use scenarios using an ecosystem services-based strategic environmental assessment approach. Land Use Policy 108, 105540. (Paper)

Lloyd-Smith, P. (2020). Kuhn-Tucker and Multiple Discrete-Continuous Extreme Value (MDCEV) Model Estimation and Simulation in R: The rmdcev Package. R Journal 12(2): 251-265. (Paper)

Slade, P, Lloyd-Smith, P, Skolrud T. (2020). The Effect of Carbon Tax on Farm Income: Comment. Environmental and Resource Economics 77 (2), 335-344. (Paper)

Lloyd-Smith, P, Abbott, J, Adamowicz, W, Willard, D. (2020) Intertemporal Substitution in Travel Cost Models with Seasonal Time Constraints. Land Economics 96(3) 339-417. (Paper)

Lloyd-Smith, P, Becker, M. (2020). The Economic Value of Camping using Administrative Data. Journal of Agricultural and Resource Economics 45(3), 445-461. (Paper)

Lloyd-Smith, P, Zawojska, E, Adamowicz, W (2020). Moving beyond the contingent valuation versus choice experiment debate – presentation effects in stated preference. Land Economics 96(1) 1-24. (Paper)

Adamowicz, W, Calderon-Etter, L, Entem, A, Fenichel, E, Hall, J, Lloyd-Smith, P, Ogden, F, Rouhi Rad, M, Stallard, R. (2019). Assessing Ecological Infrastructure Investments. Proceedings of the National Academy of Sciences 116 (12) 5254-5261. (Paper)

Appiah, A, Adamowicz, W, Lloyd-Smith, P, Dupont D (2019). Reliability of Drinking Water: Risk Perceptions and Economic Value. Water Economics and Policy 1850020. (Paper)

Lloyd-Smith, P, Adamowicz, W, Dupont, D (2019). Incorporating Stated Consequentiality Questions in Stated Preference Research. Land Economics 95(3): 293-306. (Paper)

Lloyd-Smith, P, An, H (2019). Are Corporate Social Responsibility and Advertising Complements or Substitutes in Producing Firm Reputation? Applied Economics 51 (21): 2275-2288. (Paper)

Price, J, Lloyd-Smith, P, Dupont, D, Adamowicz, W (2019). Floods and Water Service Disruptions: Eliciting Willingness-to-Pay for Public Utility Pricing and Infrastructure Decisions. Water Economics and Policy 1850021. (Paper)

Lloyd-Smith, P, J. Abbott, W. Adamowicz, D. Willard (2019). Decoupling the Value of Leisure Time from Labor Market Returns in Travel Cost Models Journal of the Association of Environmental and Resource Economists 6 (2): 1-28. (Paper)

Abbott, J, Lloyd-Smith, P, Adamowicz, W, Willard, D (2018) Status-quo Management of Marine Recreational Fisheries Undermines Angler Welfare. Proceedings of the National Academy of Sciences 115 (36): 8948-8953. (Paper)

Lloyd-Smith, P, Adamowicz, W (2018). Can Stated Measures of Willingness-to-Accept be Valid? Evidence from Laboratory Experiments. Journal of Environmental Economics and Management 91: 133-149. (Paper)

Lloyd-Smith, P, C. Schram, W. Adamowicz, D. Dupont (2018). Endogeneity of Risk Perceptions in Averting Behavior Models Environmental and Resource Economics 69(2): 217–246. (Paper)

Lloyd-Smith, P (2018). A New Approach to Calculating Welfare Measures in Kuhn-Tucker Demand Models Journal of Choice Modelling 26: 19-27. (Paper)

Lloyd-Smith, P (2018). A Note on the Robustness of Aggregate Ecosystem Service Values
Ecological Economics 146: 778-780. (Paper)

Lloyd-Smith, P (2017). Controlling for Endogeneity in Attributable Costs of Vancomycin resistant enterococci from a Canadian Hospital American Journal of Infection Control 45(12): e161-e164. (Paper)

Whittington, D, W. Adamowicz, P. Lloyd-Smith (2017). Asking Willingness-to-Accept Questions in Stated Preference Surveys: A Review and Research Agenda Annual Review of Resource Economics 9: 317-336 (Paper)

Lloyd-Smith, P, J. Younger, E. Lloyd-Smith, H. Green, V. Leung, M. Romney (2013). An Economic Analysis of Vancomycin Resistant Enterococci (VRE) at a Canadian Hospital: Assessing Attributable Cost and Length of Stay Journal of Hospital Infections 85: 54-59. (Paper)

Ochuodho, T, V. Lantz, P. Lloyd-Smith, P. Benitez (2012). Regional Economic Impacts of Climate Change and Adaptation in Canadian Forests: A CGE Modeling Analysis Forest Policy and Economics 25:100-112. (Paper)

Papers in Review

Xie, L, Adamowicz, W, Lloyd-Smith, P. The Use of Recreational Hunters in Wildlife Disease Management: Behavior and Incentives.

Lloyd-Smith, P. Valuing the Non-market Impacts of Energy Infrastructure. (Book chapter for Measuring the Contribution of Energy Infrastructure: A Practical Guide).