The environmental impacts of agriculture depend on both the long-run and short-run production decisions of farmers. In the long-run, technologies and quasi-fixed factors are selected and put in place through investment. In the short-run, production plans are made and implemented conditionally...

Private provision of public environmental benefits is considered with a theory of prosocial behavior that elaborates the roles of nonhedonistic values held by agents as well as the functional interaction between private good and public good production processes. The theory also identifies the...