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Controlling Non-additional Credits from Nutrient Management in Water Quality Trading Programs Through Eligibility Baseline Stringency

Savage, Jeffrey; Ribaudo, Marc - Agricultural and Applied Economics Association - AAEA - 2014

A concern for any program that offers payment for environmental services is that those services be additional. Non-additional services are those that would have been provided without the payment. One source of non-additionality is farmer misrepresentation of their pre-program management. Farm...

Persistent link: https://www.econbiz.de/10011068556

Private and Government Food Safety Monitoring: Theory and Evidence from Dairy Sector in Kyrgyzstan

Saak, Alexander - Agricultural and Applied Economics Association - AAEA - 2014

Selected Poster for AAEA 2014 annual meetings

Persistent link: https://www.econbiz.de/10011068561

Individual vs. Collective Quotas in Fisheries Management: Efficiency and Distributional Impacts

Zhou, Rong; Segerson, Kathleen - Agricultural and Applied Economics Association - AAEA - 2014

a welfare-maximizing regulator who sets policy parameters optimally, there is no efficiency basis for preferring one … over the other. In particular, allowing permit trading and risk pooling does not increase efficiency. However, the four … allowing permits to be traded has no efficiency impact and makes harvesters worse off. …

Persistent link: https://www.econbiz.de/10011068629

Moral Hazard, Risks and Index Insurance in the Rural Credit Market: A Framed Field Experiment in China

Cheng, Lan - Agricultural and Applied Economics Association - AAEA - 2013

Abstract This paper studies the interaction between index insurance market and the rural credit market by investigating how the availability of index insurance affects borrowers' moral hazard behavior. Among different types of moral hazard problem in the credit market, we focuses on credit...

Persistent link: https://www.econbiz.de/10010916040

Aligning Incentives for Accelerated Heifer Growth in Custom Heifer Growing Contracts

Olynk, Nicole J.; Wolf, Christopher A. - Agricultural and Applied Economics Association - AAEA - 2008

-agent framework was used to elicit contract terms which provide incentives for the custom heifer grower to perform accelerated growth …

Persistent link: https://www.econbiz.de/10005523049

A Cost Function Analysis of Crop Insurance Moral Hazard and Agricultural Chemical Use

Liang, Yan; Coble, Keith H. - Agricultural and Applied Economics Association - AAEA - 2009

This paper employs a cost function analysis method to investigate the existence of moral hazard in cotton buy-up insurance. The trans-log cost function estimates of the own-price elasticity of fertilizer, herbicide, and insecticide is -0.222, -0.143, and -0.121, respectively for Mississippi...

Persistent link: https://www.econbiz.de/10005012585

A Model of Incentive Compatibility under Moral Hazard in Livestock Disease Outbreak Response

Gramig, Benjamin M.; Horan, Richard D.; Wolf, Christopher A. - Agricultural and Applied Economics Association - AAEA - 2005

This paper uses a principal-agent model to examine incentive compatibility in the presence of information asymmetry between the government and individual producers. Prior models of livestock disease have not incorporated information asymmetry between livestock managers and social planners. By...

Persistent link: https://www.econbiz.de/10005476998

OPTIONAL UNIT POLICY IN CROP INSURANCE

Shaik, Saleem; Atwood, Joseph A. - Agricultural and Applied Economics Association - AAEA - 2002

Utilizing ordered logit we examine the presence of two kinds of asymmetric information-adverse selection (intertemporal variability) and moral hazard (interspatial and/or residual variability) as revealed by the choice of optional units in Federal crop insurance utilizing Risk Management...

Persistent link: https://www.econbiz.de/10005320306

Factors Influencing Contract Use and Contract Terms in Organic Markets

Franken, Jason R.V.; Sykuta, Michael E.; Klein, Peter G. - Agricultural and Applied Economics Association - AAEA - 2010

Persistent link: https://www.econbiz.de/10009020811

Risk Attitude & the Structure of Decision Making: Evidence from the Hog Industry

Franken, Jason R.V.; Pennings, Joost M.E.; Garcia, Philip - Agricultural and Applied Economics Association - AAEA - 2011

We investigate the importance of an appropriate representation of behavior, risk attitude, and related characteristics for owner-managers making marketing decisions. We assess whether managerial/firm characteristics directly affect the decisions or if their influence occurs indirectly through...

Persistent link: https://www.econbiz.de/10009021488