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Contracting for Environmental Property Rights: The Case of Vittel AgEcon
Depres, Christophe; Grolleau, Gilles; Mzoughi, Naoufel.
Based on an authentic case of contracting for environmental property rights, our paper shows several implications of applying the Coase’s propositions. The case study adds empirical content to basic transaction costs concepts by analyzing the design and implementation of a contractual arrangement between a pollutee –a bottler of mineral water Vittel– and several polluting farmers. We analyze the bargaining between land and water rights owners and the bottler Vittel to determine how transaction cost issues (valuation disputes, bi-lateral monopoly conditions, and third-party effects) were overcome and how they succeeded in contracting for environmental property rights. We provide several comparisons of the Vittel case with other similar cases, leading to...
Tipo: Conference Paper or Presentation Palavras-chave: Case study; Contracting; Environmental property rights; Environmental-related transactions; Private arrangement; Vittel; Environmental Economics and Policy; H23; K23; Q15; Q25.
Ano: 2005 URL: http://purl.umn.edu/24729
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Adoption of Environmental Management Systems by Farmers: An Empirical Application to ISO 14001 AgEcon
Grolleau, Gilles; Thomas, Alban.
This article undertakes an empirical investigation of the determinants of voluntary adoption of the ISO 14001 environmental management system by French farmers. The adoption model incorporates the expected profitability of implementing the standard and investigates the impact of prior knowledge on the probability of adopting. Two information measures are considered: a “reported information” indicator and an “estimated knowledge” score. The probit parameter estimates reveal that, while the expected profitability of implementing the standard is a significant determinant of adoption, real and perceive prior knowledge measures play a significant but potentially counterintuitive role.
Tipo: Journal Article Palavras-chave: Environmental management system; ISO 14001; Management-based approach; Probit model; Environmental Economics and Policy; Farm Management; O33; Q16; Q29.
Ano: 2007 URL: http://purl.umn.edu/6323
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Interaction Between Food Attributes in Markets: The Case of Environmental Labeling AgEcon
Grolleau, Gilles; Caswell, Julie A..
Some consumers derive utility from using products produced with specific processes, such as environmentally friendly practices. Means of verifying these credence attributes, such as certification, are necessary for the market to function effectively. A substitute or complementary solution may exist when consumers perceive a relationship between a process attribute and other verifiable product attributes. We present a model where the level of search and experience attributes influences the likelihood of production of eco-friendly products. Our results suggest that the market success of eco-friendly food products requires a mix of environmental and other verifiable attributes that together signal credibility.
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy; Marketing.
Ano: 2005 URL: http://purl.umn.edu/14536
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Interaction Between Food Attributes in Markets: The Case of Environmental Labeling AgEcon
Grolleau, Gilles; Caswell, Julie A..
Some consumers derive utility from using products produced with specific processes, such as environmentally friendly practices. Means of verifying these credence attributes, such as certification, are necessary for the market to function effectively. A substitute or complementary solution may exist when consumers perceive a relationship between a process attribute and other verifiable product attributes. We present a model where the level of search and experience attributes influences the likelihood of production of eco-friendly products. Our results suggest that the market success of eco-friendly food products requires a mix of environmental and other verifiable attributes that together signal credibility.
Tipo: Journal Article Palavras-chave: Environmental labeling; Food attributes; Food marketing; Quality perception; Food Consumption/Nutrition/Food Safety.
Ano: 2006 URL: http://purl.umn.edu/8636
Registros recuperados: 4
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