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Registros recuperados: 45
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A Revised Conceptual Framework for Payments for Environmental Services Ecology and Society
Sommerville, Matthew M.; Department of Life Sciences, Imperial College London; m.sommerville06@imperial.ac.uk; Jones, Julia P. G.; School of Environment and Natural Resources, University of Bangor; julia.jones@bangor.ac.uk; Milner-Gulland, E. J.; Department of Life Sciences, Imperial College London; e.j.milner-gulland@imperial.ac.uk.
Over the past decade, “Payments for Environmental Services” (PES) have received a great deal of attention as a natural-resource management approach. We propose a revised definition and framework for PES implementation that focuses on the use of positive incentives as the philosophy behind PES and conditionality as the method for influencing behaviors. We note the importance of additionality of PES interventions to justify their value in a wider context. Finally, we highlight the need to understand the local institutional context in terms of the characteristics of buyers, sellers, and their relationship for implementation to be effective. Our framework acts as a platform to begin examining how the variety of options for structuring PES...
Tipo: Peer-Reviewed Insight Palavras-chave: Additionality; Conditional; Ecosystem services; Environmental management; Incentives; Institutions; Monitoring; Transactions.
Ano: 2009
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Matching Social and Ecological Systems in Complex Ocean Fisheries Ecology and Society
Wilson, James A.; University of Maine; Jwilson@maine.edu.
This paper considers ocean fisheries as complex adaptive systems and addresses the question of how human institutions might be best matched to their structure and function. Ocean ecosystems operate at multiple scales, but the management of fisheries tends to be aimed at a single species considered at a single broad scale. The paper argues that this mismatch of ecological and management scale makes it difficult to address the fine-scale aspects of ocean ecosystems, and leads to fishing rights and strategies that tend to erode the underlying structure of populations and the system itself. A successful transition to ecosystem-based management will require institutions better able to economize on the acquisition of feedback about the impact of human...
Tipo: Peer-Reviewed Synthesis Palavras-chave: Resource governance; Fisheries; Complex adaptive systems; Scale; Fishing effort; Decentralization; Governance institutions; Incentives; Multiscale governance; Fishing rights; Ecosystem management; Ecosystem-based management; Polycentric networks.
Ano: 2006
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Institutions for Managing Resilient Salmon (Oncorhynchus Spp.) Ecosystems: the Role of Incentives and Transaction Costs Ecology and Society
Hanna, Susan S; Oregon State University; susan.hanna@oregonstate.edu.
Institutions are the mechanisms that integrate the human and ecological spheres. This paper discusses the institutional challenge of integrating salmon (Oncorhynchus spp.) ecosystems and human systems in ways that effectively promote resilience. Salmon recovery in the Columbia River Basin demonstrates the challenge. Despite the comprehensive scope of Basin salmon management, it has a number of problems that illustrate the difficulties of designing institutions for ecosystem and human system resilience. The critical elements of salmon ecosystem management are incentives and transaction costs, and these comprise a large piece of missing institutional infrastructure. Once the focus is placed on incentives and costs, a number of different management strategies...
Tipo: Peer-Reviewed Synthesis Palavras-chave: Columbia River Basin; Ecosystems; Human systems; Incentives; Institutions; Resilience; Salmon; Transaction costs.
Ano: 2008
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Towards an Analytical Framework for Assessing Property Rights to Natural Resources: A Case Study in the Communal Areas of Zimbabwe AgEcon
Kundhlande, Godfrey; Luckert, Martin K..
A taxonomy for describing property rights to natural resources is described and applied in a Zimbabwean case study. The taxonomy allows: tenures to be systematically compared and contrasted; incentives for natural resource management to be identified; and the evolution of tenure to natural resources to be assessed. In the case study, we find: key differences between tenure types, all termed "communal"; a wide range of tenure arrangements that transcend concepts of "tree" and "land tenure"; information suggesting that the promotion of tree planting may work on some tenure types, but is likely to fail on others; and that the evolution of indigenous tenure to natural resources seems to have been somewhat immune from external changes in institutional systems....
Tipo: Working or Discussion Paper Palavras-chave: Incentives; Natural resources; Property rights framework/taxonomy; Tenure; Zimbabwe; Resource /Energy Economics and Policy.
Ano: 1998 URL: http://purl.umn.edu/24115
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Impact of Beef Quality on Market Signals Transmitted by Grid Pricing AgEcon
Johnson, Heather C.; Ward, Clement E..
Value-based marketing is shaping cattle production; however, market signals differ dramatically depending on carcass quality. This study applies a two-stage coefficients of separate determination procedure to four regional fed cattle datasets sorted by grid value and by carcass quality attributes. Weight is the strongest signal sent when higher valued cattle and better quality cattle are sold on a grid. Quality characteristics send stronger signals when lower valued cattle and poorer quality cattle are sold on a grid. Producers of lower quality cattle can potentially gain $52 to $149 per head by improving quality and $113 to $150 per head by adding weight.
Tipo: Journal Article Palavras-chave: Beef; Cattle; Carcass; Quality; Coefficients of separate determination; Incentives; Market signals; Value-based marketing; Livestock Production/Industries; Marketing; Q11; Q13.
Ano: 2006 URL: http://purl.umn.edu/43750
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CONSERVATION OF ENDANGERED SPECIES: CAN INCENTIVES WORK FOR PRIVATE LANDOWNERS? AgEcon
Langpap, Christian.
It has been argued that the traditional regulatory approach of the Endangered Species Act, based on land-use restrictions, has failed to protect endangered species on private land. In response, there has been a call for the use of incentives to complement this regulatory approach. This paper examines the potential of incentives programs to elicit conservation-oriented management choices from landowners. Data obtained from a survey of non-industrial private forest owners in Oregon and Washington is used to examine the effectiveness of various incentives. The results indicate that incentives, in particular compensation and assurances, can be effective in increasing the conservation effort provided by landowners. The results also suggest that conservation...
Tipo: Conference Paper or Presentation Palavras-chave: Endangered species; Incentives; Regulation; Endangered Species Act; Conservation; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q220; Q230; Q280; K320.
Ano: 2003 URL: http://purl.umn.edu/21972
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Mixed Tournaments, Common Shocks, and Disincentives: An Experimental Study AgEcon
Wu, Steven Y.; Roe, Brian E.; Sporleder, Thomas L..
Two well-known hypotheses from the literature on tournaments are that (1) tournaments can filter out common shocks thereby reducing agents’ risk exposure; and (2) disincentive effects can arise when a tournament scheme is administered on a group of mixed ability agents. While handicapping and/or the creation of homogeneous groups have been suggested as mechanisms for mitigating disincentive effects, it is often impractical to use handicapping schemes and nearly impossible to create a completely homogeneous labor force. Hence, contract administrators who intend to use tournaments to elicit effort must be able to assess the positive effects of tournaments (eliminate common shocks) against the negative effects (disincentive effects). Using economic...
Tipo: Conference Paper or Presentation Palavras-chave: Mixed tournaments; Incentives; Relative performance contracts; Experimental economics; Research Methods/ Statistical Methods; C91 D01; D81; D82; D86.
Ano: 2007 URL: http://purl.umn.edu/9703
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Multilateral Trade Liberalisation and FDI: An Analytical Framework for the Implications for Trading Blocs AgEcon
Ghazalian, Pascal L.; Cardwell, Ryan T..
The proliferation of regional integration agreements (RIAs) over the past several years has led to significant changes in the global configuration of trade and investment activity. Multinational enterprises now face the prospect of multilateral trade liberalisation that could significantly affect the foreign direct investment (FDI) incentive structures that were established within the range of current RIAs. RIAs that provide preferential market access to member countries modify firms’ incentives to undertake FDI activities and can lead to various permutations of trade and investment creation and diversion. This article provides an analytical framework for understanding the implications of multilateral trade liberalisation for the incentive structures of...
Tipo: Journal Article Palavras-chave: Foreign direct investment; Incentives; Multilateral trade liberalisation; Regional integration agreements; Demand and Price Analysis; Financial Economics; International Relations/Trade; Political Economy.
Ano: 2010 URL: http://purl.umn.edu/90590
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An Information Economic Rationale for Cooperatives AgEcon
Boetoft, Peter.
We consider how to organize the processing and marketing of an agricultural product when farming costs are known only by the individual farmers. We show that when marginal costs are un-correlated, the market for …nal goods is competitive, and the market for processing is non-competitive, the socially optimal production levels are sustained by a cooperative and a cooperative only. We show also that the cooperative form is particularly useful when the cost uncertainty is large and the net average revenue product is small.
Tipo: Conference Paper or Presentation Palavras-chave: Economics of cooperatives; Asymmetric information; Incentives; Rationing; Agribusiness.
Ano: 2005 URL: http://purl.umn.edu/24476
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A Theory of Firm Decline AgEcon
Gian Luca, Clementi; Cooley, Thomas; Di Giannatale, Sonia.
We study the problem of an investor that buys an equity stake in an entrepreneurial venture, under the assumption that the former cannot monitor the latter’s operations. The dynamics implied by the optimal incentive scheme is rich and quite different from that induced by other models of repeated moral hazard. In particular, our framework generates a rationale for firm decline. As young firms accumulate capital, the claims of both investor (outside equity) and entrepreneur (inside equity) increase. At some juncture, however, even as the latter keeps on growing, invested capital and firm value start declining and so does the value of outside equity. The reason is that incentive provision is costlier the wealthier the entrepreneur (the greater is inside...
Tipo: Working or Discussion Paper Palavras-chave: Principal Agent; Moral Hazard; Hidden Action; Incentives; Survival; Firm Dynamics; Financial Economics; D82; D86; D92; G32.
Ano: 2010 URL: http://purl.umn.edu/92788
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The Advantage of Cooperatives under Asymmetric Cost Information AgEcon
Bogetoft, Peter; Jensen, Peter Max Friis; Olsen, Rene H..
We consider how to organize the processing and marketing of an agricultural product when farming costs are known only by the individual farmers. We show that when marginal costs are un-correlated and the market for final goods is competitive, the socially optimal production levels may be sustained by a cooperative and a cooperative only. We show also that the cooperative form is particularly useful when the uncertainty is large and the net revenue product is small.
Tipo: Working or Discussion Paper Palavras-chave: Economics of cooperatives; Asymmetric information; Incentives; Agribusiness.
Ano: 1999 URL: http://purl.umn.edu/24176
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DEA based yardstick competition in natural resource management AgEcon
Bogetoft, Peter; Nielsen, Kurt.
In this paper, we discuss the pros and cons of using Data Envelopment Analysis (DEA) to evaluate and enhance the efficiency of natural resource management. The need for a multidimensional production frontier approach is sketched, along with examples from other regulated multi-output industries, Also, reviews of the basic properties of DEA and DEA based yardstick competition are provided. Finally, we discuss the use of DEA based yardstick to evaluate bids in multi-dimensional procurement auctions.
Tipo: Conference Paper or Presentation Palavras-chave: Regulation; Incentives; Performance evaluation; Yardstick competition; Data envelopment analysis (DEA); Research Methods/ Statistical Methods; Resource /Energy Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/57928
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Rational Inefficiencies AgEcon
Bogetoft, Peter; Hougaard, Jens Leth.
In this paper, we suggest that inefficiency may be an indirect, on-the-job compensation to agents in an organization. We show how to use actual production data to reveal the trade-offs between different inefficiencies (slacks). Moreover, we discuss how to use this to improve productivity analysis as well as decision making and incentive provisions in organizations.
Tipo: Working or Discussion Paper Palavras-chave: Efficiency; Preferences; Incentives; Bargaining; Planning; Productivity Analysis.
Ano: 2001 URL: http://purl.umn.edu/24191
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Enjoying a Good Port with a Clear Conscience: Geographic Indicators, Rent Seeking and Development AgEcon
Kerr, William A..
The European Union is attempting to have the protection of geographic indicators strengthened in the WTO. There may be sufficient rents and other benefits available to justify this strategy in the negotiations. To achieve its rent-seeking goals, however, the European Union needs allies at the negotiations. It has been courting developing countries by touting the benefits of geographic indicators for their products. For most products originating in developing countries, the opportunities for rents will first have to be created, a resource-intensive and problematic activity. Further, even if rents can be created in the short run, the forces of competition are likely to erode them. Scarce resources might be better utilized on other development strategies that...
Tipo: Journal Article Palavras-chave: Developing countries; Geographic indicators; Incentives; Rent seeking; Sustainable development; WTO; International Relations/Trade.
Ano: 2006 URL: http://purl.umn.edu/23827
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Professionalism, Latent Professionalism and Organizational Demands for Health Care Quality in a Developing Country AgEcon
Leonard, Kenneth L.; Masatu, Melkiory C..
Medicine is a professional pursuit, and even in developing countries professionalism should lead at least some practitioners to care for their patients despite the absence of direct incentives to do so. Even if practitioners do not behave as professionals, what is the extent of latent professionalism, in which socialization in the profession conditions health workers to respond to a demand for professionalism even if they do not normally act as professionals? How many health care workers in developing countries act as professionals all the time and what will happen if health services turn toward remuneration schemes in which health workers are paid by the output or outcome? We examine the behavior of 80 practitioners from Arusha region of Tanzania for...
Tipo: Working or Discussion Paper Palavras-chave: Incentives; Quality; Health care; Professionalism; Tanzania; Health Economics and Policy; I1; O1; O2.
Ano: 2008 URL: http://purl.umn.edu/42883
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FINANCE, ORGANIZATION, AND IMPACTS OF U.S. AGRICULTURAL RESEARCH: FUTURE PROSPECTS AgEcon
Huffman, Wallace E..
The objective of this paper is to review key conceptual issues in the finance, management, and economic impact analysis of agricultural research of the U.S. and other western developed countries, to critique evidence on the impacts of R&D, to summarize new developments and emerging trends in agricultural science policy, and to speculate about the likely effect of these trends during the 21st century on impacts of R&D. The conceptual review emphasizes refinements in the theory of public goods associated with a class of impure public goods. Some overall conclusions are presented for U.S. agricultural research policy of the 21st century. Note: Figure 1 not included in file-- contact author for more information.
Tipo: Working or Discussion Paper Palavras-chave: Science policy; Agriculture; Research; Funding; Organization; Impact analysis; Incentives; Research and Development/Tech Change/Emerging Technologies.
Ano: 1999 URL: http://purl.umn.edu/18267
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Retrospective Examination of Demand-Side Energy Efficiency Policies AgEcon
Gillingham, Kenneth; Newell, Richard G.; Palmer, Karen L..
Energy efficiency policies are a primary avenue for reducing carbon emissions, with potential additional benefits from improved air quality and energy security. We review literature on a broad range of existing non-transportation energy efficiency policies covering appliance standards, financial incentives, information and voluntary programs, and government energy use (building and professional codes are not included). Estimates indicate these programs are likely to have collectively saved up to 4 quads of energy annually, with appliance standards and utility demand-side management likely making up at least half these savings. Energy Star, Climate Challenge, and 1605b voluntary emissions reductions may also contribute significantly to aggregate energy...
Tipo: Working or Discussion Paper Palavras-chave: Energy efficiency policy; Appliance standards; Information; Incentives; Voluntary programs; Resource /Energy Economics and Policy; Q48; Q41.
Ano: 2004 URL: http://purl.umn.edu/10477
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Voluntary Cleanups and Redevelopment Potential: Lessons from Baltimore, Maryland AgEcon
Guignet, Dennis; Alberini, Anna.
Policy has increasingly shifted towards economic incentives and liability attenuation for promoting cleanup and redevelopment of contaminated sites, but little is known about the effectiveness of such policies. An example of such legislation is State Voluntary Cleanup Programs (VCPs), which were established in the US in the 1990s and to date have been implemented in almost every state. We examine Baltimore properties that participated in the Maryland VCP from its inception in 1997 to the end of 2006. Specifically, we examine what type of properties tend to participate in these programs, how these properties compare to other eligible but non-participating sites, and what is the redevelopment potential of VCP properties and implications towards open space...
Tipo: Working or Discussion Paper Palavras-chave: Brownfields; Contaminated Sites; Voluntary Cleanup Programs; Incentives; Environmental Economics and Policy; R14; Q58; K32.
Ano: 2008 URL: http://purl.umn.edu/46548
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SUSTAINABLE BIOFUELS IN HUNGARY AND EUROPE – SELF-DEFEATING INCENTIVES? AgEcon
Szendro, Gabor.
Substituting fossil fuels has been a prominent issue in the EU in recent years. Energy security, agricultural and environmental considerations have all played a part in the development of alternative fuels and in the creation of incentives promoting their use. The system, like big systems in general, cannot react to new developments quickly and it seems there are elements that we should seriously consider removing or replacing to avoid adverse effects. This paper will attempt to summarize the current issues and propose possible solutions in the form of seven recommendations to make the European incentive system more effective in the interest of sustainable rural development, an area that is of prime importance for Hungary....
Tipo: Journal Article Palavras-chave: Incentives; Sustainable biofuel production; Transport; Rural development; Externalities; Támogatások; Fenntartható bioüzemanyag-termelés; Kereskedelem; Vidékfejlesztés; Externáliák; Agricultural and Food Policy; Land Economics/Use.
Ano: 2010 URL: http://purl.umn.edu/99207
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Contract Production of Green Peas AgEcon
Olesen, Henrik Ballebye.
This paper analyzes a contract between farmers and a large company in the Danish food industry, Danisco Foods. Production of green peas requires a very accurate coordination, which is obtained through centralized decision-making. The contract is based on a tournament system providing risk sharing between the farmers. General problems from the contract theory such as hold up, moral hazard, risk sharing and screening are analyzed. The paper illustrates the tradeoffs between these problems in design of contracts. By negotiating the contract through a pea-growers association, the farmers gain some bargaining power. Thus the farmers can ensure that Danisco Foods uses only one contract for all farmers. This paper analyzes the consequences of the farmers'...
Tipo: Working or Discussion Paper Palavras-chave: Contract theory; Coordination; Incentives; Risk sharing; Agribusiness.
Ano: 2001 URL: http://purl.umn.edu/24200
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