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Research on public good auctions is intended to initiate development on new approaches to finance public goods, beyond government and philanthropic efforts. The researchers evaluate the potential to identify economic value for a subset of ecosystem servicesand markets that have the potential to...
Persistent link: https://www.econbiz.de/10009446146
The public has increasingly demonstrated a strong support for open space preservation. Questions left to local policy-makers are how local governments can finance preservation of open space in a politically desirable way, whether there exists an optimal level of open space that can maximize the...
Persistent link: https://www.econbiz.de/10005525188
Persistent link: https://www.econbiz.de/10011068501
In provision point mechanism, the cost threshold for provision introduces incentives for individuals to contribute toward the public good and, in general, the Pareto efficient outcome is a subset of equilibrium outcomes. However, the threshold cannot eliminate the pure free-rider equilibrium...
Persistent link: https://www.econbiz.de/10011068718
This paper discusses resistance to wastewater management programs in coastal communities. Innovative stated preference survey responses are used to rank the importance of private onsite benefits, water quality protection, environmental perceptions, and treatment responsibility. Resistance...
Persistent link: https://www.econbiz.de/10005522361
Establishing habitat corridors has been an important strategy in many conservation practices. Nonetheless, the existing literature has ignored the role habitat corridors could play in reserve network design. Based on modern ecological theory, the effectiveness of a reserve system largely depends...
Persistent link: https://www.econbiz.de/10005476933
This paper studies the preferences and willingness-to-pay for individuals for volunteer water quality monitoring programs. The study involves supporting water quality monitoring at two ponds in the state of Rhode Island. The paper uses both a hypothetical and a real-payment contingent valuation...
Persistent link: https://www.econbiz.de/10005320617
Environmental economists invest in measuring the value of the environment but put less effort toward integrating that value directly into the economy. Experimental economists evaluate the performance of mechanisms to fund public goods but in some cases offer limited insight into practical...
Persistent link: https://www.econbiz.de/10011142645
Although significant research has been done on managing farmers’ financial risk through federal programs such as federal crop insurance, to date, little attention has been paid to the ability of on-farm management’s potential to mitigate agricultural risk. Federal crop insurance could...
Persistent link: https://www.econbiz.de/10010878691
The energy savings from tree shade coincide with peak electricity demand during summer months, creating an opportunity for utilities to use tree protection policies as demand side management tools. We apply a quasi-experimental research design to identify the change in residential energy caused...
Persistent link: https://www.econbiz.de/10010880874