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The Inherent Trade-Off Between the Environmental and Anti-Poverty Goals of Payments for Ecosystem Services
Jayachandran, Seema - National Bureau of Economic Research - 2022
Conservation programs in low-income countries often have dual goals of protecting the environment and reducing poverty. This article discusses the tension between these two goals in payments for ecosystem services (PES) programs. Participants who undertake a pro-environment behavior receive a...
Persistent link: https://www.econbiz.de/10013191049
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A Dynamic Explanation of the Willingness to Pay and Willingness to Accept Disparity
Kling, Catherine L. - 2010
Evidence from laboratory experiments suggests that important disparities exist between willingness to pay (WTP) and compensation demanded for the same good. This study advances, and experimentally tests, a new explanation of the WTP/WTA disparity--a dynamic theory based on the presence of...
Persistent link: https://www.econbiz.de/10012462174
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Client-Based Entrepreneurship
Rauch, James E. - 2010
Client relationships create value, which employees may try to wrest from their employers by setting up their own firms. If when an employer and worker establish a relationship they cannot contract on the output and profits of the worker's prospective new firm, the employer counters by inducing...
Persistent link: https://www.econbiz.de/10012462718
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Conservation : From Voluntary Restraint to a Voluntary Price Premium
Kotchen, Matthew - 2007
This paper investigates how concern for the environment translates into predictable patterns of consumer behavior. Two types of behavior are considered. First, individuals who care about environmental quality may voluntarily restrain their consumption of goods and services that generate a...
Persistent link: https://www.econbiz.de/10012464968
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Industry Compensation and the Costs of Alternative Environmental Policy Instruments
Bovenberg, A. Lans - 2007
This paper explores how the costs of meeting given aggregate targets for pollution emissions change with the imposition … of the requirement that key pollution-related industries be compensated for potential losses of profit from the pollution … "intrinsic abatement cost," reflecting a lowered efficiency of pollution abatement, and (2) a "lump-sum compensation cost" that …
Persistent link: https://www.econbiz.de/10012465293
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Consent and Exchange
Bar-Gill, Oren - 2007
In some cases, the law permits a party that unilaterally provides a benefit to another party to recover the estimated value of this benefit. Despite calls for expanding the set of cases to which such a restitution rule applies, the law commonly applies a mutual consent rule under which a party...
Persistent link: https://www.econbiz.de/10012465384
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Commercial Policy in a Predatory World
Anderson, James E. - 2006
Mutual causation of predation and trade induces novel effects of commercial policy in this paper. The model can explain trade volume responses to market widening initiatives that are otherwise puzzlingly 'too big' or 'too small'. Efficient commercial policy (broadly defined) depends crucially on...
Persistent link: https://www.econbiz.de/10012466086
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The 'Lemons Effect' in Corporate Freeze-Outs
Bebchuk, Lucian Arye - 1999
In a corporate freeze-out, the controller is required to compensate minority shareholders for the no-freezeout value of their shares that are taken from them. This paper seeks to highlight the difficulties involved in determining this no-freezeout value when private information. In particular,...
Persistent link: https://www.econbiz.de/10012471869
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Are Resettled Oustees from the Sardar Sarovar Dam Project Better off Today than their Former Neighbors who were not Ousted?
Aiyar, Swaminathan S. Anklesaria - 2018
The Sardar Sarovar Dam in Gujarat is arguably the most controversial dam ever built in India, with over a 100,000 displaced people. Most ousted families in Gujarat were resettled in the late 1980s and early 1990s. All oustees were tribals--a term used in India to cover a list of tribes viewed as...
Persistent link: https://www.econbiz.de/10012453291
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Remix Rights and Negotiations Over the Use of Copy-Protected Works
Gans, Joshua S. - 2014
This paper examines an environment where original content can be remixed by follow-on creators. The modelling innovation is to assume that original content creators and remixers can negotiate over the 'amount' of original content that is used by the follow-on creator in the shadow of various...
Persistent link: https://www.econbiz.de/10012458303