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Registros recuperados: 31
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Thin and lumpy: an experimental investigation of water quality trading AgEcon
Suter, Jordan F.; Spraggon, John M.; Poe, Gregory L..
Water quality trading schemes in the United States can predominantly be characterized by low trading volumes. In this paper we utilize laboratory economics experiments to explore the extent to which the technology through which pollution abatement is achieved influences market outcomes. Mirroring the majority of water quality trading markets, the sessions utilize small trading groups composed of six participants. To understand the extent to which abatement technology influences trading behavior, the experimental treatments vary the degree of heterogeneity in initial abatement costs and the potential for long-lived investments in cost-reducing abatement technology.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/104023
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ECOSYSTEM VALUES AND SURFACE WATER PROTECTION: BASIC RESEARCH ON THE CONTINGENT VALUATION METHOD AgEcon
Messer, Kent D.; Platt, Lara E.; Poe, Gregory L.; Rondeau, Daniel; Schulze, William D.; Vossler, Christian A..
Tipo: Technical Report Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/121578
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“Open Markets” v. “Structured Bilateral Trades”: Results of Economic Modeling of Point-to-Point Source Water Quality Trading in the Non-Tidal Passaic River Basin AgEcon
Zhao, Tianli; Sado, Yukako; Boisvert, Richard N.; Poe, Gregory L..
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/49509
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An Experimental Exploration of a Voluntary Mechanism to Reduce Nonpoint Source Water Pollution with a Background Threat of Regulation AgEcon
Suter, Jordan F.; Vossler, Christian A.; Poe, Gregory L.; Schulze, William D.; Segerson, Kathleen.
In this paper we build on a voluntary mechanism introduced by Segerson and Wu (2006) that uses the threat of an ambient tax to induce nonpoint source polluters to reduce emissions. In addition to reviewing Segerson and Wu's policy, we propose a new voluntary/threat policy that offers some theoretical advantages over that put forward by Segerson and Wu. We then test various forms of voluntary/threat policies in the experimental economics laboratory and compare the outcomes to a policy that administers strictly a per unit ambient tax.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/21416
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The Value of Private Risk Versus the Value of Public Risk: An Experimental Analysis of the Johannesson et al. Conjecture AgEcon
Messer, Kent D.; Poe, Gregory L.; Schulze, William D..
In 1996 Johannesson et al. published a paper in this journal entitled “The Value of Private Safety versus the Value of Public Safety.” Based on preliminary evidence from a hypothetical contingent valuation study, these authors argue that consumers behave as “pure altruists” and reject the notion of paternalistic preferences for safety in a coercive tax setting. These pure altruists consider the cost of a program that might be imposed on other voters when they decide whether to vote for or against public safety programs. The authors conclude that further empirical research in this area is warranted. This paper presents a set of laboratory economics experiments to test Johannesson et al.’s conjecture under controlled conditions in which participants face an...
Tipo: Working or Discussion Paper Palavras-chave: Altruism; Risk; Voting; Public goods; Research Methods/ Statistical Methods; Risk and Uncertainty; D81; D64; H41; C91; C92; D72.
Ano: 2008 URL: http://purl.umn.edu/51141
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PURE ALTRUISM AND THE VALUATION OF RISK: AN EXPERIMENTAL TEST OF THE JOHANNESSON ET AL. CONJECTURE AgEcon
Schulze, William D.; Poe, Gregory L.; Messer, Kent D..
Johannesson et al.(1996) conjecture that in a coercive, uniform tax setting like dichotomous choice contingent valuation, willingness to pay for public programs would be affected by altruistic consideration of the costs imposed on others. Using a voting-BDM elicitation mechanism, we demonstrate such valuation petterns in an experimental economics setting.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2004 URL: http://purl.umn.edu/20294
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ALLOCATING LAND TO NEW YORK'S CONSERVATION RESERVE ENHANCEMENT PROGRAM TO MAXIMIZE NET ENVIRONMENTAL BENEFITS AgEcon
Jaroszewski, Laura; Poe, Gregory L.; Boisvert, Richard N..
A programming model is used to assess the welfare effects of regional and practice specifications contained in New York State's Draft Conservation Reserve Enhancement Program (CREP) proposal. Net social benefits are nearly 75% lower than options that explicitly account for opportunity costs of production, environmental benefits, and participation response functions. Keywords: benefit cost analysis, conservation programs, participation, linear programming
Tipo: Conference Paper or Presentation Palavras-chave: Benefit cost analysis; Conservation programs; Participation; Linear programming; Environmental Economics and Policy; Land Economics/Use.
Ano: 2000 URL: http://purl.umn.edu/21882
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CONNECTING TAXES AND WILLINGNESS TO PAY FOR FARMLAND PROTECTION: A COMPARISON OF LOCAL AND STATE FUNDED ALTERNATIVES IN NEW YORK AgEcon
Harvey, David A.; Poe, Gregory L.; Bills, Nelson L..
The costs of tax relief for New York agricultural landowners is compared with the willingness-to-pay for farmland protection as measured in valuation research. Under an income tax rebate, the program cost is positively related with the perceived household benefits, whereas this trend is reversed under a local property tax exemption.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; Public Economics.
Ano: 1998 URL: http://purl.umn.edu/20983
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CAN HYPOTHETICAL, QUESTIONS PREDICT ACTUAL, PARTICIPATION IN PUBLIC PROGRAMS? A FIELD VALIDITY TEST USING A PROVISION POINT MECHANISM AgEcon
Poe, Gregory L.; Clark, Jeremy; Schulze, William D..
Niagara Mohawk Power Corporation utilized a demand revealing public good mechanism to implement a green electricity program for provision of renewable energy and planting trees. This GreenChoiceTM program provided an opportunity to test the reliability of contingent valuation for predicting actual participation levels. In this study, participation levels predicted by hypothetical open-ended and dichotomous choice questions are compared to a reference level obtained from the actual GreenChoiceTM program. This approach represents an important improvement over past public goods contingent valuation validity tests which have relied on voluntary contribution mechanisms to elicit actual willingness to pay, and thus are likely to overestimate hypothetical bias...
Tipo: Working or Discussion Paper Palavras-chave: Public Economics; Resource /Energy Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/7264
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ANOMALIES IN VOTING: AN EXPERIMENTAL ANALYSIS USING A NEW, DEMAND REVEALING (RANDOM PRICE VOTING) MECHANISM AgEcon
Messer, Kent D.; Poe, Gregory L.; Rondeau, Daniel; Schulze, William D.; Vossler, Christian A..
This study investigates the influence of social preferences on voting decisions using a new Random Price Voting Mechanism (RPVM), which is best thought of as a public goods voting extension of the Becker-DeGroot-Marshack mechanism for private goods. In particular, this mechanism is used to investigate experimentally whether voting decisions are affected by the distribution of net benefits associated with a proposed public program. Recent papers have shown that, in additional to selfishness, factors such as inequality aversion, maximin preferences, and efficiency may influence individual decisions. However, the effect of social preferences on voting, the predominant funding mechanism for public goods by legislatures and public referenda, has not been...
Tipo: Conference Paper or Presentation Palavras-chave: Institutional and Behavioral Economics.
Ano: 2006 URL: http://purl.umn.edu/21145
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Social Preferences and Voting: An Exploration Using a Novel Preference Revealing Mechanism AgEcon
Messer, Kent D.; Poe, Gregory L.; Rondeau, Daniel; Schulze, William D.; Vossler, Christian A..
Public referenda are frequently used to determine the provision of public goods. As public programs have distributional consequences, a compelling question is what role if any social preferences have on voting behavior. This paper explores this issue using laboratory experiments wherein voting outcomes lead to a known distribution of net benefits across participants. Preferences are elicited using a novel Random Price Voting Mechanism (RPVM), which is a more parsimonious mechanism than dichotomous choice referenda, but gives consistent results. Results suggest that social preferences, in particular a social efficiency motive, lead to economically meaningful deviations from self-interested voting choices and increase the likelihood that welfare-enhancing...
Tipo: Working or Discussion Paper Palavras-chave: Institutional and Behavioral Economics; Research Methods/ Statistical Methods; C91; C92; D64; D72; H41.
Ano: 2008 URL: http://purl.umn.edu/51132
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Voluntary Funding for Generic Advertising Using a Provision Point Mechanism: An Experimental Analysis of Option Assurance AgEcon
Poe, Gregory L.; Kaiser, Harry M.; Messer, Kent D..
The mandatory nature of generic advertising funding remains a contentious issue. Theoretically and in laboratory environments, a provision point mechanism with a money-back guarantee offers an attractive voluntary alternative to the standard voluntary contribution mechanisms, yet in practice, few examples of multiple-round provision point mechanisms exist. A practical concern with applying these mechanisms is that even a slight shortfall in contributions relative to the designated funding threshold in one period would engender an irreversible shutdown of administrative capacity with negative consequences for subsequent periods. This paper uses experimental economics to test new two-threshold provision point mechanisms in the context of check-off...
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2006 URL: http://purl.umn.edu/21371
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PROPERY TAX DISTORTIONS AND PARTICIPATION IN FEDERAL EASEMENT PROGRAMS: AN EXPLORATORY ANALYSIS OF THE WETLANDS RESERVE PROGRAM AgEcon
Poe, Gregory L..
Higher property taxes and uncertainty about post-easement tax levels may create a disincentive for landowners to participate in federal easement programs such as the Wetlands Reserve Program, and thus may distort participation levels in a manner inconsistent with the environmental benefits associated with individual parcels. Support for this hypothesis is provided in an exploratory analysis of state level participation in the Wetlands Reserve Program. If such distortions prove to be policy relevant, then either they should be accounted for in the bid acceptance process of future federal easement programs, or individual states and localities should correct property tax differentials and post-easement tax uncertainty.
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1998 URL: http://purl.umn.edu/31501
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VISIBLE CHOICE SETS AND SCOPE SENSITIVITY IN CONTINGENT VALUES AgEcon
Bateman, Ian J.; Cole, Matthew A.; Cooper, P.; Georgiou, Stavros; Hadley, David; Poe, Gregory L..
Through a combination of experimental and field analysis, we demonstrate that varying the visible choice set (i.e., set of goods which, at any given point in a valuation exercise, the respondent perceives as being the full extent of purchase options which will be made available in the course of that exercise) strongly affects observed scope. These results challenge the conclusion that contingent values are plagued by embedding and ordering effects, suggesting that such effects can be eliminated when the respondent is completely informed about the entirety of valuation tasks prior to answering the first elicitation question.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2001 URL: http://purl.umn.edu/20480
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Documenting the Status of Dairy Manure Management in New York: Current Practices and Willingness to Participate in Voluntary Programs AgEcon
Poe, Gregory L.; Bills, Nelson L.; Bellows, Barbara; Crosscombe, Patricia; Koelsch, Rick; Kreher, Michael; Wright, Peter.
Despite intense policy interest in livestock operations and water quality, only anecdotal evidence exists regarding actual manure management practices on dairy farms. This paper discuss the results of a unique mail survey of 470 New York dairy farms that links manure management practices and farmer willingness to participate in voluntary environmental programs. Analysis of this data set indicates a wide divergence between actual and recommended manure management practices on individual dairy farms (high), the apparent ability of farms to divert financial resources to environmental practices (mixed), and the willingness to participate in voluntary programs at various annual costs per cow (low). These findings have policy implications for the USDAIUSEPA...
Tipo: Working Paper Palavras-chave: Livestock Production/Industries.
Ano: 1999 URL: http://purl.umn.edu/121154
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Prior Information, General Information, and Specific Information in the Contingent Valuation of Environmental Risks: The Case of Nitrates in Groundwater AgEcon
Poe, Gregory L.; Bishop, Richard C..
Information, or lack thereof, is an important input in value formation and the distribution of contingent values. Although most conceptualizations of the contingent valuation process stress that information provision should be 'adequate,' very little empirical research has been devoted to assessing the effects of different information flows on contingent values and to establishing a standard of information adequacy for contingent valuation studies. The need for such research is particularly cogent for valuing the benefits of reducing environmental risks, a non-market good which is increasingly being valued with the contingent valuation method. Using nitrates in groundwater as a case study, this paper evaluates and compares health risk perceptions and the...
Tipo: Working Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1992 URL: http://purl.umn.edu/121335
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THE IMPORTANCE OF SPATIAL DATA IN MODELING ACTUAL ENROLLMENT IN THE CONSERVATION RESERVE ENHANCEMENT PROGRAM (CREP) AgEcon
Suter, Jordan F.; Bills, Nelson L.; Poe, Gregory L..
This paper uses actual enrollment and Geographic Information Systems (GIS) data in six geographically diverse states to demonstrate that enrollment rates in the Conservation Reserve Enhancement Program (CREP) are a function of the incentives offered. If aggregate county land use data were used, as has been done previously, incentives appear insignificant.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/20151
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DEVELOPING A DEMAND REVEALING MARKET CRITERION FOR CONTINGENT VALUATION VALIDITY TESTS AgEcon
Rondeau, Daniel; Poe, Gregory L.; Schulze, William D..
Past research suggests that contingent valuation overstates demand for public goods. These estimates of hypothetical bias are probably invalid since they rely on voluntary contributions mechanisms which fail to reveal demand. An improved mechanism is shown to reveal aggregate demand in controlled experiments. However, individual contributions deviate from induced value. Key Words: contingent valuation, voluntary contributions, provision point, experiments JEL Codes: H41, C92, Q20
Tipo: Working or Discussion Paper Palavras-chave: Contingent valuation; Voluntary contributions; Provision point; Experiments; Research Methods/ Statistical Methods; H41; C92; Q20.
Ano: 1996 URL: http://purl.umn.edu/6856
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Simple Computational Methods for Measuring the Difference of Empirical Distributions: Application to Internal and External Scope Tests in Contingent Valuation AgEcon
Poe, Gregory L.; Giraud, Kelly L.; Loomis, John B..
Tipo: Working Paper Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2001 URL: http://purl.umn.edu/121130
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Beyond Optimal Linear Tax Mechanisms: An Experimental Examination of Damage-Based Ambient Taxes for Nonpoint Polluters AgEcon
Suter, Jordan F.; Poe, Gregory L.; Vossler, Christian A..
The regulation of nonpoint source water pollution from agriculture is a complex problem characterized by a multiplicity of polluters, informational asymmetries, complex fate and transport processes, and stochastic environmental factors. Taken together, these characteristics make regulatory policy based on individual firm emissions prohibitively costly. To circumvent this issue, economists, beginning with the seminal work of Segerson (1988), have devised economic incentive instruments that assign liabilities based on deviations between the observed ambient water quality level and a specified pollution threshold (Xepapadeas 1991; Horan, Shortle and Abler 1998, 2002; Hansen 1998, 2002). In the special case of a linear damage function, the regulator can...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/19411
Registros recuperados: 31
Primeira ... 12 ... Última
 

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