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Agricultural producers make investment decisions based on beliefs about future returns. This article investigates how changes in beliefs about input availability affects the adoption of conservation practices. We develop a theoretical model to examine how a producer's beliefs about water...
Persistent link: https://www.econbiz.de/10013210108
Global climate change is already impacting water resources and, in many areas, reducing the amount of water available for drinking, sanitation, and agriculture. Water conservation can be a means to mitigate the economic damages associated with water scarcity, including scarcity arising from...
Persistent link: https://www.econbiz.de/10013334342
New technologies allow perfect detection of environmental violations at near-zero marginal cost, but take-up is low. We conducted a field experiment to evaluate enforcement of water conservation rules with smart meters in Fresno, CA. Households were randomly assigned combinations of enforcement...
Persistent link: https://www.econbiz.de/10013537710
Water suppliers are showing greater interest in using different mechanisms to promote conservation. One such mechanism is conducting home water audits, which involves assessing water use and providing tailored suggestions for conserving water for residential customers. Yet, very little is known...
Persistent link: https://www.econbiz.de/10014436962