Department of Economics

Dr Alistair Hunt

Alistair Hunt

Lecturer in Environmental Economics

Eastwood 20-21 Room 3.2
Tel: +44 (0) 1225 38 3244

PhD supervision

Interested in supervising students studying:

  • Environmental valuation
  • Green accounting
  • Climate change


Beginning my working life as an economist in the UK Government Department of Environment I have specialised in the Economics of the Environment at the University of Bath since 1998.  My research is applied and relates directly to the formulation of environmental policy.  I primarily work with inter-disciplinary research teams in Europe and around the world, and, for large donor organisations including the EC, OECD, World Bank and UNEP.  From October 2013 I am co-ordinating the 3-year EC DG Research project: Economics of climate change adaptation in Europe (ECONADAPT) 

Current areas of interest include climate change risks, adaptation and mitigation in local and national contexts; the development of marine policy in European waters and; non-market valuation, with focus on stated preference methods and value transfer.  I am currently supervising two PhD students.

I am Research Co-ordinator for the Department of Economics.

Current Research projects
  • Economics of climate change adaptation in Europe (ECONADAPT) EC DG Research. 
  • Aster Housing Association climate change risk and cost diagnosis.  Technology Strategy Board.  
  • Quantifying projected impacts under 2°C warming (IMPACT2C).  EC DG Research (With Paul Watkiss Associates).   
  • The economic value of benefits of avoiding selected adverse human health outcomes due to exposure to chemicals in the European Union.  European Chemicals Agency (with Charles University, Prague).

I acted as an External Reviewer to the Stern Review on the Economics of Climate Change and am currently a contributing author on the IPCC 5th Assessment Report.

Research interests

My research is in Environmental Economics and my two main areas of research interest are Non-Market Valuation and Project/Policy Appraisal.  Specific areas of interest include the following:

Non-Market Valuation
  • Monetary valuation of disutility associated with morbidity and premature mortality
  • Energy and Transport-related externalities, including energy security
  • Green Accounting methods and applications
  • Monetary valuation of ecosystems
  • Economics of Crime
Project/Policy Appraisal
  • Cost-Benefit Analysis
  • Portfolio analysis and Real Options analysis in Climate Change context


I have taught and managed a number of courses in the Department of Economics and these include:

  • Welfare Economics module within the Economics MSc degree programmes
  • Green Taxation within the Economics BSc degree programmes
  • Economics of Environment module within the MSc Enviromental Science Policy and Planning programme
  • Cost-Benefit Analysis within the MSc Integrated Environmental Management programme



Alberini, A., Hunt, A., Krupnick, A., Cropper, M., Simon, N., Markandya, A. and Scarpa, R., 2004. Age and Health and The Value of A Statistical Life: Evidence from a Contingent Valuation Survey in the UK, France and Italy. University of Maryland.

Hunt, A. and Markandya, A., 2004. Energy Subsidy Reform: An Integrated Framework to assess the Direct and Indirect Environmental, Economic and Social Costs and Benefits of Energy Subsidy Reform. UNEP.

Markandya, A., Golub, A., Strukova, E., Mason, P., Savonov, Y. and Hunt, A., 2003. Зкономика: окружающей среды и риродных ресуров. Higher School of Economics.

Hunt, A., 2002. Economic Impacts. Greater London Authority.

Book Sections

Hunt, A. and Taylor, T., 2009. Values and cost-benefit analysis: economic efficiency criteria in adaptation. In: Adger, W. N., Lorenzoni, I. and O'Brien, K., eds. Adapting to Climate Change: Thresholds, Values, Governance. Cambridge: Cambridge University Press, pp. 197-211.

Taylor, T., Hunt, A., Cassar, M. and Wainwright, I., 2007. Quantifying the costs of climate change on the built heritage. In: Cassar, M. and Hawkings, C., eds. Engineering Historic Futures: Stakeholders Disseminatation and Scientific Research Report. London: UCL.

Watkiss, P., Holland, M., King, K. and Hunt, A., 2005. Damages to Land. In: Green Accounting in Europe. Volume 2: A Comparative Study. Markandya, Anil. Tamborra, Marialuisa, eds., Fondazione Eni Enrico Mattei Series on Economics and the Environment. Cheltenham, U.K. and Northampton, Mass.: Elgar. , pp. 381-410.

Tamborra, M., Pavan, M., Markandya, A. and Hunt, A., 2005. Defensive Expenditures. In: Markandya, A. and Tamborra, M., eds. Green Accounting in Europe. Volume 2: A Comparative Study. Cheltenham, UK: Elgar, pp. 93-109. (Fondazione Eni Enrico Mattei Series on Economics and the Environment)

Markandya, A., Hunt, A. and Milborrow, I., 2005. Developments in Green Accounting. In: Green Accounting in Europe. Volume 2: A Comparative Study. Markandya, Anil. Tamborra, Marialuisa, eds., Fondazione Eni Enrico Mattei Series on Economics and the Environment. Cheltenham, U.K. and Northampton, Mass.: Elgar. , pp. 15-33.

Markandya, A., Hunt, A., Watkiss, P. and Hurley, F., 2005. Developments in valuation. In: Markandya, A. and Tamborra, M. L., eds. Green Accounting in Europe. Cheltenham, U. K.: Edward Elgar, pp. 65-86. (The Fondazione Eni Enrico Mattei Series on Economics, the Environment and Sustainable Development)

Hunt, A., 2005. Impact Pathway Approach: Monetary Valuation. In: Friedrich, R. and Bickel, P., eds. ExternE Externalities of Energy. Luxembourg: Office for Official Publications of the European Communities, 133--180.

Crapanzano, G., Pavan, M. and Hunt, A., 2005. Valuation of Water. In: Green Accounting in Europe. Volume 2: A Comparative Study. Markandya, Anil. Tamborra, Marialuisa, eds., Fondazione Eni Enrico Mattei Series on Economics and the Environment. Cheltenham, U.K. and Northampton, Mass.: Elgar. , pp. 363-80.

Eckermann, F., Stronzik, M., Hunt, A. and Taylor, T., 2004. Risk and transactions costs. In: Bohringer, C., ed. Climate Change and Global Trade. Kluwer, pp. 175-203.

Taylor, T., Hunt, A. and Markandya, A., 2004. Multilateral Environmental Agreements and the Trade and Environment Nexus. In: Bohringer, C. and Loschel, A., eds. Climate Change Policy and Global Trade.Vol. 26. Heidelberg and New York: Physica, pp. 85-110. (ZEW Economic Studies)

Taylor, T., Hunt, A. S. P. and Markandya, A., 2004. Trade and Environment: Linkages in Multilevel Environmental Agreements. In: Winnett, A., ed. Towards an Environmental Research Agenda: A third selection of papers. Basingstoke: Palgrave Macmillan, 123--148.

Taylor, T., Hunt, A. and Markandya, A., 2004. Trade and Multilateral Environmental Agreements. In: Winnett, A., ed. Towards and Environmental Research Agenda: Volume 3.Vol. 3. Palgrave Macmillan.


Tainio, A., Heikkinen, R. K., Heliölä, J., Hunt, A., Watkiss, P., Fronzek, S., Leikola, N., Lötjönen, S., Mashkina, O. and Carter, T. R., 2016. Conservation of grassland butterflies in Finland under a changing climate. Regional Environmental Change, 16 (1), pp. 71-84.

Watkiss, P., Hunt, A., Blyth, W. and Dyszynski, J., 2015. The use of new economic decision support tools for adaptation assessment:a review of methods and applications, towards guidance on applicability. Climatic Change, 132 (3), pp. 401-416.

Hooper, T., Cooper, P., Hunt, A. and Austen, M., 2014. A methodology for the assessment of local-scale changes in marine environmental benefits and its application. Ecosystem Services, 8, pp. 65-74.

Hunt, A.S.P., Wilby, R.L., Dale, N., Sura, K. and Watkiss, P., 2014. Embodied water imports to the UK under climate change. Climate Research, 59 (2), pp. 89-101.

Hoekstra, J., Verhagen, H., Hart, A., Boobis, A., Claupein, E., Watzl, B., Cockburn, A., Hunt, A., Knudsen, I., Richardson, D., Schilter, B., Schütte, K., Torgerson, P.R. and Chiodini, A., 2012. BRAFO tiered approach for benefit-risk assessment of foods. Food and Chemical Toxicology, 50 (Supplement 4), S684-S698.

Watkiss, P. and Hunt, A., 2012. Projection of economic impacts of climate change in sectors of Europe based on bottom up analysis: human health. Climatic Change, 112 (1), pp. 101-126.

Desaigues, B., Ami, D., Bartczak, A., Braun-Kohlova, M., Chilton, S., Czajkowski, M., Farreras, V., Hunt, A., Hutchinson, M., Jeanrenaud, C., Kaderjak, P., Maca, V., Markiewicz, O., Markowska, A., Metcalf, H., Navrud, S., Nielsen, J. S., Ortiz, R., Pellegrini, S., Rabl, A., Riera, R., Scasny, M., Stoeckel, M. -E., Szanto, R. and Urban, J., 2011. Economic valuation of air pollution mortality: A 9-country contingent valuation survey of value of a life year (VOLY). Ecological Indicators, 11 (3), pp. 902-910.

Ciscar, J. C., Iglesias, A., Feyen, L., Szabo, L., Van Regemorter, D., Amelung, B., Nicholls, R., Watkiss, P., Christensen, O. B., Dankers, R., Garrote, L., Goodess, C. M., Hunt, A., Moreno, A., Richards, J. and Soria, A., 2011. Physical and economic consequences of climate change in Europe. Proceedings of the National Academy of Sciences of the United States of America, 108 (7), pp. 2678-2683.

Hunt, A. and Watkiss, P., 2011. Climate change impacts and adaptation in cities: a review of the literature. Climatic Change, 104 (1), pp. 13-49.

Ortiz, R., Markandya, A. and Hunt, A., 2009. Willingness to pay for mortality risk reduction associated with air pollution in São Paulo. Revista Brasileira de Economia, 63 (1), pp. 3-22.

Hunt, A., 2008. Informing adaptation to climate change in the UK:Some sectoral impact costs. IAJ - The Integrated Assessment Journal, 8 (1), pp. 41-71.

Alberini, A., Hunt, A. and Markandya, A., 2006. Willingness to Pay to Reduce Mortality Risks: Evidence from a Three-Country Contingent Valuation Study. Environmental and Resource Economics, 33 (2), pp. 251-64.

Markandya, A., Hunt, A., Boyd, R. and Taylor, T., 2004. Metodologia para valorar los costes de los impactos del cambio climatico (Methodology for costing the impacts of climate change). Ekonomiaz, 57 (3), pp. 164-215.

Michaelowa, A., Stronzik, M., Eckermann, F. and Hunt, A. S. P., 2003. Transaction costs of the Kyoto Mechanisms. Climate Policy, 3, 261--278.


Arnold, S., Markandya, A. and Hunt, A., 2009. Estimating Historical Energy Security Costs. Working Paper. Bath, U. K.: Department of Economics, University of Bath. (Bath Economics Research Working Papers; 13/09)

Markandya, A., Hunt, A. and Mason, P., 2000. Valuing Damages for Green Accounting Purposes: The GARP II Approach. Unkown Publisher. (Note di Lavoro Fondazione Eni Enrico Mattei)

Conference or Workshop Items

Hunt, A., 2010. Implementing information on the costs and benefits of adaptation in a portfolio–based decision framework. In: Climate Adaptation Futures Conference, 2010-06-29.

Hunt, A., 2009. Economic Appraisal of Climate Change Adaptation at the Local Level. In: Department of Geography, University of Exeter, 2009-09-24.

Hunt, A. and Taylor, T., 2009. Towards Local Costing of Climate Change Impacts for Decision Making in Adaptation. In: International Scientific Congress on Climate Change, 2009-03-11.

Hunt, A., Navrud, S. and Torfs, R., 2008. Cost-Benefit Analysis (CBA) and Health Economics in Environmental Assessments. In: 20th Annual Conference of the International-Society-for-Environmental-Epidemiology, 2008-10-12 - 2008-10-16.

Hunt, A. and Taylor, T., 2008. Values, cost-benefit analysis and adaptation to climate change. In: Tyndall Conference: Living with Climate Change: are there limits to Adaptation, 2008-02-07.

Hunt, A., 2007. Study on the economic effects of the 2003 heat wave on transport. In: Institute of Asphalt Technology National Conference, 2007-05-24.

Hunt, A., 2006. Reflections on Cross-Cutting Issues in Climate Change Impact Assessment. In: Global Forum on the Economic Benefits of Climate Change Policies, 2006-07-06.

Hunt, A. and Alberini, A., 2004. 3 country application of Alberini/Krupnick survey instrument: methodology and results. In: Valuation of Health Benefits of Reductions in Air Pollution and Use of Values in UK Appraisal, 2004-06-21.

This list was generated on Wed Oct 26 10:53:35 2016 IST.

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