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Registros recuperados: 78 | |
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Sproul, Thomas W.; Zilberman, David. |
Major externality cases are random accidents which are not adequately addressed by the deterministic environmental policy literature -‐ that of Pigouvian taxes, abatement subsidies and cap-‐and-‐trade. We consider a risk-‐neutral industry where firms control the probability and Severity of accidents by preventive and responsive choices, but asymmetric information means Government only observes outcomes. We show that even without intervention, some care will be taken, however -‐ we identify three policies that lead to the optimal solution: strict liability, a Stochastic subsidy, and a mandatory mutual insurance scheme. The subsidy policy may be very costly to taxpayers, especially when prevention affects the probability of accident occurrence, and... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy; Risk and Uncertainty. |
Ano: 2011 |
URL: http://purl.umn.edu/103927 |
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Cohen, Daniel R.; Zilberman, David. |
Offering evidence from the California Irrigation Management Information System (CIMIS) and centering around Kenkel and Norris conclusions regarding "Agricultural Producers' Willingness to Pay for Real-Time Mesoscale Weather Information," this article questions the use of growers' hypothetical willingness-to-pay responses as the sole basis for deciding whether to invest in Mesonet, a statewide network of weather station. Survey respondents' lack of familiarity with a new technology and strategic behavior lead to underestimates of actual willingness to pay. Moreover, weather information has numerous agricultural and nonagricultural uses, and only sampling growers overlooks gains to other potential users. Low hypothetical willingness-to-pay responses of... |
Tipo: Journal Article |
Palavras-chave: Farm Management. |
Ano: 1997 |
URL: http://purl.umn.edu/30849 |
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Ameden, Holly A.; Cash, Sean B.; Zilberman, David. |
This analysis presents a theoretical model of firm response to border enforcement and evaluates both the intended and unintended effects under two enforcement regimes: destruction versus treatment of contaminated shipments. The results indicate that importers may respond to increased inspection by reducing shipments and decreasing due care. In response to increased pest populations, firms may reduce shipments and increase due care, indicating that an enforcement response may not be necessary. The analysis reveals the importance of the nature of the due-care technology, as well as the relationships underlying the probability of detection, in determining the effects of enforcement. |
Tipo: Journal Article |
Palavras-chave: Border enforcement; Environmental regulation; Invasive species; Trade and environment; F18; L51; Q17; Q56; Q58. |
Ano: 2007 |
URL: http://purl.umn.edu/37112 |
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Jin, Yanhong H.; Zilberman, David; Heiman, Amir. |
This study presents a framework to analyze how uncertainty about product attributes affects consumers' WTP for brand name products over generic ones, incorporating key elements of a random utility model and product attribute models. We found that in comparison to electronics, clothing, and processed food, consumers buy brand name vegetables and fruits mainly because of quality uncertainty, and they can easily reduce uncertainty of product quality of fresh vegetables and fruits by seeing, touching, smelling, and tasting. Hence, consumers are less willing to pay for brands of fresh vegetables and fruits. However, simulation results show that brands of fresh fruits and vegetables may have a similar price premium as other products, but they lack the market... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Consumer/Household Economics. |
Ano: 2005 |
URL: http://purl.umn.edu/19192 |
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Ramirez, Donna Theresa J.; Khanna, Madhu; Zilberman, David. |
This paper develops an endogenous growth model which links pollution to ineffective input-use, which can be reduced through conservation capital investment. It derives the conditions under which individual preferences for environmental quality and private investment in conservation capital can lead to non-decreasing environmental quality and balanced growth in an unregulated and in a regulated regime. In the absence of regulation, balanced growth can lead to improvement in environmental quality as long as the rate of growth is low. The extent to which the growth rate is low depends upon preference for environmental quality, interest and discount rates, productivity of conservation capital, and price of the polluting input. Under an emissions tax regime,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy; International Development. |
Ano: 2002 |
URL: http://purl.umn.edu/19846 |
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Parliament, Claudia; Tsur, Yacov; Zilberman, David. |
Understanding the allocation of labor between collective and private activities within cooperatives has been an issue of interest for economists and policy makers. This paper extends existing literature by incorporating income uncertainty from both private and collective activities, and by assuming that members are risk averse. The analysis suggests a member's labor response to policy parameters can be decomposed into three components: the mean effect, reflecting the labor response under certainty or risk neutrality; the variance effect, reflecting the response to changes in risk; and the wealth effect, reflecting the response to changes in risk aversion associated with changes in wealth. The analysis demonstrates the labor response may be reversed from... |
Tipo: Working or Discussion Paper |
Palavras-chave: Labor and Human Capital. |
Ano: 1986 |
URL: http://purl.umn.edu/13672 |
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Serra, Teresa; Zilberman, David; Goodwin, Barry K.; Featherstone, Allen M.. |
This paper studies the extent to which decoupled income support measures in agriculture can have production implications both at the extensive and intensive margins. We develop a theoretical framework that analyzes production responses of agricultural producers to apparently decoupled payments, by explicitly considering risk attitudes and uncertainty. We use farm-level data collected in Kansas to estimate the model. Technology and risk preference parameters are jointly estimated. Results show that though lump sum payments are not fully decoupled in the presence of risk and uncertainty, their effects on agricultural production are likely to be of a very small magnitude. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy. |
Ano: 2005 |
URL: http://purl.umn.edu/19194 |
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Serra, Teresa; Zilberman, David; Gil, Jose Maria. |
The growing importance of economic factors in farmers decision to go organic has raised interest in characterizing the economic behavior of organic versus conventional farms. Published analyses so far have not considered differential uncertainties and farmers risk preferences between conventional and organic practices when comparing these techniques. Our article attempts to assess this issue. We use a model of farmer decision under risk to analyze the differential values between Spanish COP organic and conventional farms and to assess the incentives for adoption of organic practices. Results show that organic and conventional farms do have different abilities to control production risk as well as different risk preferences. Organic price premiums and... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries; Risk and Uncertainty. |
Ano: 2007 |
URL: http://purl.umn.edu/9696 |
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Templeton, Scott R.; Henry, Mark S.; Jin, Bihui; Zilberman, David. |
People spent $4.350 billion at California golf course facilities in 2000. The total sales, income, and tax impacts on the state economy were $7.872 billion, $4.546 billion, and $1.370 billion in 2000. Direct sales of $4.251 billion directly supported 62,173 jobs, and , through indirect and induced sales impacts, an additional 37,609 jobs. |
Tipo: Working or Discussion Paper |
Palavras-chave: Land Economics/Use. |
Ano: 2002 |
URL: http://purl.umn.edu/18801 |
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Registros recuperados: 78 | |
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