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We design two institutions that collect individual contributions to provide multiple public good units, inspired by a problem to deliver ecosystem services as a step-level public good (delivered in discrete increments). We set up a public good experiment wherein either all individuals for one...
Persistent link: https://www.econbiz.de/10011070104
type="main" xml:id="ajar12036-abs-0001" <p>This paper investigates Japanese consumers' willingness to pay for Marine Stewardship Council (MSC) ecolabelled seafood using a sealed bid, second price auction. Participants in an experiment in Tokyo were provided varying degrees of information about the...</p>
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type="main" xml:lang="en" <p>An emerging trend in fisheries management allows different groups of harvesters pursuing the same stock, even under the same management plan, to manage their effort using different rules, so long as each group remains within its “catch share” portion of mortality....</p>
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The objective of this paper is to illustrate that economic institutions matter, i.e., that different rules of trade present different incentives for bidding, asking, and trading in new markets, and that these different incentives lead to different price discovery patterns, which yield materially...
Persistent link: https://www.econbiz.de/10005468712
The rural public may not only be concerned with the consequences of land management; residents may also have systematic preferences for policy instruments applied to management goals. Preferences for outcomes do not necessarily imply matching support for the underlying policy process. This study...
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