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| Strappazzon, Loris; Ha, Arthur; Eigenraam, Mark; Duke, Charlotte; Stoneham, Gary. |
| The efficiency implications of different property right allocations when two environmental goods can be produced under the condition of economies of scope are analysed. It is assumed that an environmental agency – acting on behalf of the community – employs an auction‐based mechanism to buy biodiversity services from farmers. However, farmers’ production of biodiversity produces a second good as a by‐product (e.g., mitigation of a river pollutant) that is valued by point‐source emitters who are engaged in a pollution trading market. The efficiency implications of allocating the property right of the good, mitigation, to either the agency or farmers are analysed. If the agency owns the mitigation then the agency can sell mitigation to point‐source emitters,... |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/116171 |
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| Ha, Arthur; Dyack, Brenda; Stoneham, Gary; Farquharson, Robert J.; Scarborough, Helen; Duke, Charlotte; Wheeler, Sarah Ann; Saunders, Caroline M.; Nicholls, Neville; Essex, Christopher; McKitrick, Ross. |
| Tipo: Article |
Palavras-chave: Teaching/Communication/Extension/Profession. |
| Ano: 2005 |
URL: http://purl.umn.edu/118506 |
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| Duke, Charlotte. |
| Experiments in economics and their application to policy design continue to gain increasing popular appeal. Australia is investing in training, capacity building and international partnerships to bring these skills to our policy makers. Economic experiments are used to test policy-related hypotheses: to examine the behavioural processes upon which the policy is built, identify policy bugs, confirm incentive mechanism performance, investigate new decision processes, and illustrate economic allocation systems to stakeholders. Experiments provide a new source of information to improve policy design. This paper explores a set of experiments conducted for the National Action Plan for Salinity and Water Quality Market Based Instruments Pilots Program. The... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Policy Experiments; Market mechanisms for the environment; Water; Resource /Energy Economics and Policy; Q25; Q28; C90. |
| Ano: 2006 |
URL: http://purl.umn.edu/25369 |
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