Will Rafey

Research Papers

Conservation priorities and environmental offsets: Markets for Florida wetlands (with Daniel Aronoff)
American Economic Review, forthcoming.
Earlier version: NBER Working Paper, No. 31495, June 2024. Final version (October 2025) with appendices here.

Droughts, deluges, and (river) diversions: Valuing market-based water reallocation
American Economic Review, Vol. 113, No. 2, February 2023, pp. 430–471.

Mirage on the horizon: Geoengineering and carbon taxation without commitment (with Daron Acemoglu)
Journal of Public Economics, Vol. 219, No. 104802, March 2023, pp. 1–22.
Earlier version: NBER Working Paper, No. 24411. Final version with appendices here.

Competing discourses of energy development: The implications of the Medupi coal-fired power plant in South Africa (with Benjamin K. Sovacool)
Global Environmental Change, Vol. 22, No. 3, August 2011, pp. 1141–1151.

Current and Ongoing Projects

Measuring Water Misallocation in California

Energy and Production in U.S. Manufacturing (with Eva Lyubich, Joe Shapiro, Reed Walker)

Toxic Plants and Market Structure (with Irene Jacqz)

Water Investment and Pricing (with Yangkeun Yun)

Hydrological Priorities and Endangered Species (with Sage Haroche)