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Norms regarding private provision of a public good (e.g. cutting down on energy use, not littering) can affect the marginal gains from contributing to a public good and therefore people's decisions about contributing to the public good. A model is proposed in which norms of private contributions...
Persistent link: https://www.econbiz.de/10010576667
Monetized estimates of ecosystem services are increasingly cited as partial justification for a wide range of environmental restoration initiatives, yet parallel applications of these values in performance assessment have been limited. Incorporated into traditional economic models, such values...
Persistent link: https://www.econbiz.de/10011043726