The European Union's Council Regulation (EC) No 1698/2005 on support for rural development by the European Agricultural Fund for Rural Development has introduced promising changes in rewarding farmers by the implementation of conservation auctions and granting farmers' transaction costs. The...

This study empirically investigates the extent of noncompliance with the tax code and examines the determinants of federal income tax evasion in the U.S. Employing a refined version of Feige's (1986; 1989) General Currency Ratio (GCR) model to estimate a time series of unreported income as our...

Contracts providing payments for not developing natural areas, or for removing cropland from production, generally require long-term commitments. Landowners, however, can decide to prematurely terminate the contract when the opportunity cost of complying with conservation requirements increases....

Contracts providing payments for not developing natural areas, or for removing cropland from production, generally require long-term commitments. Landowners, however, can decide to prematurely terminate the contract when the opportunity cost of complying with conservation requirements increases....

Der Emissionshandel zeigt nur dann die erwünschte Wirkung, wenn das marktgerechte CO2-Preissignal zu Veränderungen beim Angebots- und Nachfrageverhalten in der Volkswirtschaft führt. Die damit verbundenen Preiseffekte sind - obwohl im betriebswirtschaftlichen Einzelfall möglicherweise...

We contribute to the literature on the optimal design of auction mechanisms for the procurement of nature conservation activities. We use an economic experiment to examine whether the market efficiency of conservation auctions increases or decreases with repetition. Theory predicts that...

We contribute to the literature on the optimal design of auction mechanisms for the procurement of nature conservation activities. We use an economic experiment to examine whether the market efficiency of conservation auctions increases or decreases with repetition. Theory predicts that...

We present a general model of bidding behavior in wildlife corridor auctions. Given (i) some spatial configuration of landowners in a landscape, (ii) the landowners' opportunity costs, and (iii) the value of establishing the corridor, our model predicts individual landowners' bids, overall...

We present a general model of bidding behavior in wildlife corridor auctions. Given (i) some spatial configuration of landowners in a landscape, (ii) the landowners' opportunity costs, and (iii) the value of establishing the corridor, our model predicts individual landowners' bids, overall...

This report assesses the crucial drivers of ecosystem services and proposes actions to develop a more effective policy mix. Several elements form the basis of this report. First, a literature review provides an overview of the state and trends of ecosystem services linked to agriculture,...