129 research outputs found
Efficient Diffusion of Sustainable Environmental Practices through Green Networks
No full textA movement towards sustainable use and management of ecosystem services requires collective action by individuals or groups of individuals (Ostrom, 1990). Additionally, ecosystem services have public goods features whose provision depends upon multiple social and psychological factors (Shang and Croson, 2009) which may align with individuals’ intrinsic motivation or “warm glow” (Frey 1994, Benabou and Tirole 2003). Banerjee and Shogren (2012) have also shown that problems of collective action vis-àvis ecosystem services provision are more likely to be resolved if there is a “social norm” component such as peer pressure, reputation, and altruism which ties back to the findings of Shang and Croson (2009). Given these results, in a land conservation context, Banerjee and Shogren (2012) recommend widespread publicity of land retirement decisions as a means to create a stewardship social norm within agricultural communities that can have an effective impact on species protection in particular and adoption of pro -environmental behaviors in general
Joint Bidding in Conservation Auctions: An Experimental Study of Policy Design and Performance
No full textIn designing conservation policies both ecologists and economists have argued that greater spatial coordination of producer land use adoption can improve environmental outcomes for a range of important environmental targets such as wetlands restoration, nutrient pollution reduction,and species conservation. Economists have suggested two types of incentive policies for achieving such spatial coordination: the Agglomeration Bonus (AB) (Parkhurst and Shogren, 2007) and spatially-connected auctions (Banerjee et al., 2015). However, a majority of the analyses to date have focused on incentives aimed at individual land manager participation in such schemes (e.g., Fooks et al., 2016). In contrast, a number of countries such as the UK and the Netherlands have recently introduced policies that encourage joint participation by groups of producers. Thus, in this research, we study whether joint participation can in fact lead to improved environmental and economic outcomes in conservation policies
Towards Sustainable Agricultural Systems: Scope for Economic Experimentation
No full textAgricultural systems provide multiple benefits for society. These benefits are derived from crop and animal production, income and livelihood generation, the natural environment and the cultural legacy of farming communities. Sustained delivery of these benefits depends on the clear understanding of agricultural processes fostered by cross-disciplinary collaborations between economists, animal scientists, ecologists, community develop-ment specialists, and agronomists, to mention a few. In this context, economic experiments can play a key role in enhancing the understanding of how people and communities respond to scientific innovations and socio-economic policies intended to safeguard the integrity of agricultural systems
Incentives and Nudges for Environmental Stewardship on Farmland: A Lab Experiment on the Agglomeration Bonus
No full textPayment for Ecosystem Services (PES) schemes have an important role in generating ecosystem services conservation and restoration benefits through adoption of various land uses on private agricultural property. These policies provide financial compensation to producers for benefits delivered over and above a baseline level and for any income losses arising from the land use change (Hanley et al. 2012). Examples of PES schemes include the Conservation Reserve Program (CRP) in the U. S., the Pago por Servicios Ambientales in Costa Rica and the Stewardship Schemes in the U. K. to name a few
Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
No full textIncentives and Nudges for Environmental Stewardship on Farmland: A Lab Experiment on the Agglomeration Bonus
No full textComplexity and Efficiency in Conservation Auctions: Evidence from a Laboratory Experiment
No full textStrategic interactions and information exchange on networks : an agent based simulation model of landowner behaviour in conservation incentive schemes (extended abstract)
No full textStarting with data obtained from human-subject experiments to investigate farmers' responses to a conservation incentive scheme, we derive a cognitive model of the farmers' decision-making behaviour, and implement this model within an agent-based simulation of farmers interacting via different types of social network. We find that the outcome of the scheme in early time periods is improved by providing more information to farmers. However, changing the structure of the social network by which the information is provided has no effec
2017 Trends in Nebraska Farmland Markets: Declining Agricultural Land Values and Rental Rates
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