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Australia is currently developing a carbon emissions trading program. The Garnaut report recommendations include options for emissions trajectories, coverage, permit allocation, inter-temporality, governance and compliance. This paper reports the results of a series of economic experiments in...
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Experimental economics has emerged and matured as a formal method for questioning and stress testing economic theory and assumptions concerning individual behavior. More recently, experimental methods have been used successfully in an economic laboratory to test alternative environmental policy...
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A rising saline aquifer in the Coleambally Irrigation Area constitutes a common pool resource, characterised by costly exclusion and rival utilisation for regional irrigators. The approach outlined in general terms in this paper is the application of formal, empirical techniques to guide the...
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Trust is frequently a requirement for economic exchanges and the management of natural resources. Providing public information on past actions can promote trust through the formation of reputations. We developed an economic experiment to test whether a formal reputation mechanism could...
Persistent link: https://www.econbiz.de/10008870615
Conservation auctions such as the Conservation Reserve Program in the United States and the BushTender Program in Australia have been used to identify landholders who can provide on-farm conservation and biodiversity protection actions at lowest cost. These conservation auctions are typically...
Persistent link: https://www.econbiz.de/10005503397