The Office of the Vice President for Research and Innovation recognizes Kevin J. Boyle, a professor in the department of agricultural and applied economics in the College of Agriculture and Life Sciences, for his research on improving methods to measure values and to elicit preferences for water, land, and forest resources with an emphasis on how those resources influence real estate markets.
Boyle works with stated-preference methods (contingent valuation and choice modeling), revealed-preference methods (hedonic and travel-cost models, and averting behavior) and benefit transfers.
Applications of his research include surface and groundwater, land use, forest health, climate change, marine resources, and health. He has participated in numerous projects throughout the U.S. and in Canada, Chile, Australia, Bangladesh, and India. He is an internationally recognized expert in the area of estimating values for items not directly traded in markets, including natural resources.
One goal of Boyle’s research program is to include undergraduate and graduate students in research projects and publications in an effort to provide students with practical, hands-on experience in the research process.
His current projects include research for the U.S. Forest Service on the value of tree cover in suburban areas and the impact of certain forest pests on property values, and an NIH-sponsored project on “Dynamic Interactions of Monetary and Non-monetary Incentives in Weight-Loss Interventions.”
Boyle also serves as the director of the Virginia Tech Program in Real Estate, an innovative interdisciplinary undergraduate-level program that combines academic learning with professional practice to prepare future leaders in the broadly defined real estate profession.
Boyle received his bachelor’s in economics from the University of Maine, his master’s in agricultural and resource economics from Oregon State University, and his Ph.D. in agricultural economics from the University of Wisconsin.