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Registros recuperados: 5
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Reverse Auctions: Are they a Cost-Effective Alternative to Traditional Agricultural Conservation Spending? AgEcon
Greenhalgh, Suzie; Taylor, Michael A.; Selman, Mindy; Guiling, Jenny.
Agricultural practices continue to degrade water quality and ecosystems worldwide. In the United States, programs like the Department of Agriculture’s (USDA) Environmental Quality Incentive Program (EQIP) target the voluntary adoption of agricultural best management practices (BMPs). Demand for these programs has historically exceeded available funding, so allocating funding to achieve the greatest environmental outcome is essential. In recent years, economists have argued that market mechanisms should be incorporated within government programs to improve their cost-effectiveness. This article presents the results of a reverse auction to allocate funding to reduce phosphorus losses from farms, and compares the results with EQIP funded contracts in the same...
Tipo: Conference Paper or Presentation Palavras-chave: Market-based incentives; Reverse auctions; EQIP; Conservation funding; Performance based strategies; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/6192
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POINT-NONPOINT SOURCE POLLUTION TRADING USING COLLECTIVE PERFORMANCE INCENTIVES AgEcon
Taylor, Michael A.; Randall, Alan; Sohngen, Brent.
Point-nonpoint trading markets must accommodate the problem of monitoring individual nonpoint source discharges (NPS). A permit trading market that allows the regulator to monitor noncompliance based on observable aggregate NPS pollution levels, through the use of a collective enforcement mechanism, may be more efficient than traditional technology-based trading.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/20776
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ARE U.S. FARM PROGRAMS GOOD PUBLIC POLICY? TAKING POLICY PERFORMANCE SERIOUSLY AgEcon
Hopkins, Jeffrey W.; Taylor, Michael A..
Distributional analysis is employed to assess the ethical acceptability of agricultural policy along plurastic moral criteria. Using 1999 micro-data from USDA ARMS survey and the Federal Reserve's Survey of Consumer Finances, we discuss policy performance (measured as the effect of direct government payments on the distribution of incomes and profits) relative to policy goals. We show that current programs only minimally address the post-?farm problem? objective of providing a safety net, and the goal of providing an abundant supply of agricultural products is potentially well-implemented given institutional constraints.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2001 URL: http://purl.umn.edu/20706
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A COLLECTIVE PERFORMANCE-BASED CONTRACT FOR POINT-NONPOINT SOURCE POLLUTION TRADING AgEcon
Taylor, Michael A.; Randall, Alan; Sohngen, Brent.
Collective performance-based trading can be achieved by pairing a team contract with an auction to determine team membership. The auction effectively overcomes adverse selection, and the team contract reduces the incentive to "free-ride" associated with moral hazard in teams.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/22069
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INCENTIVE-BASED SOLUTIONS TO AGRICULTURAL ENVIRONMENTAL PROBLEMS: RECENT DEVELOPMENTS IN THEORY AND PRACTICE AgEcon
Randall, Alan; Taylor, Michael A..
Theory predicts that incentive-based regulatory instruments reduce compliance costs by encouraging efficient resource allocation and innovation in environmental technology. Cost reductions from pollution permit trading often have exceeded expectations, but the devil is in the detail: the rules matter. In recent years, IB instruments of many kinds, from permit trading to various informal voluntary agreements, have been introduced in many countries. Point-nonpoint trading programs have been established in the U.S., but recorded trades have been rare. We speculate about prospects for performance-based monitoring of agricultural nonpojnt pollution which, we believe, would encourage trading to the benefit of farmers and society.
Tipo: Journal Article Palavras-chave: Environmental Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/15503
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