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We investigate experimentally whether “binding agreements†can provide a solution to the social dilemma that arises in the presence of pure public goods. Signing a binding agreement can prevent players from free riding on the contributions to the public good. However, a well known...
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Zealand dairy farming practice incurs environmental externalities: impacts that are not paid for by the dairy farmer. Hence …, the public is left to deal with these externalities, both regarding the economic responsibility and environmental … degradation. This study estimated that the economic cost of environmental externalities is higher than the 2012 dairy export …
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By applying the Coase theorem, this paper attempts to solve a conflict of land management between croppers producing maize on land and herders who breed cattle that needs land to graze on in the Adamawa region of Cameroon. The results indicate that, the herders commit maximum damage when their...
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This paper describes the relationship between externalities and environmental regulation in the USA hog sector to … verify the possibility to increase the stringency of regulation concerning externalities caused by hog manure in Brazil. The …
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