The objective of this paper is to compare different ways of designing agri-environmental contracts and to set targeting under adverse selection, comparing conditions before and after CAP reform 2003. The results suggest that the present contract structure may be relevantly improved through a...

Agri-Environmetal Policy (AEP) application raised a wide debate about the determination of payment levels and the efficiency of the economic instruments used. In particular, some aspects support the hypothesis of relevant rents due to an overcompensation of farmers� compliance costs. A policy...

This paper identifies information that may be important in determining the benefits of preventing toxic water contamination (or equivalently cost of nonaction) when a given toxification occurs. It attempts to identify information and behavior issues that need to be considered when we estimate...

This paper identifies information that may be important in determining the benefits ofpreventing toxic water contamination (or equivalently cost of nonaction) when a given toxificationoccurs. It attempts to identify information and behavior issues that need to be considered when weestimate...

Auctions are a potentially suitable policy tool for increasing the efficiency of Agri- Environmental Schemes (AES) through an improved allocation of contracts. In theory, through the auction mechanism, farmers have incentives to reveal their compliance costs, helping to reduce information rents...

The main objective of the paper is to inquiry if the Agri-Environmental Schemes (AES’s) included in the Rural Development Plan in Emilia Romagna have played a role in enhancing the Nature Value of regional farmland. High Nature Value (HNV) farmland is a concept that aims to identify the...

Despite a large literature about energy production from renewable resources, the specific interplay between farm characteristics, market, local regulation and the CAP in the adoption of energy-related technologies by farmers is still poorly studied. This paper aims at analyzing the farmers’...

The present paper provides a meta-analysis of agricultural landscape valuation studies and through the estimated benefit transfer function it projects the value of EU landscape. The analyses are based on information from more than thirty European and Non-European studies which use stated...

The aim of this paper is to test the relevance of considering private fixed transaction costs for contract design of Agri-Environmental Schemes, when transaction costs are negatively correlated to marginal compliance costs. In order to do so, a principal-agent model of contract design under...

The application of agri-environmental policies (reg. EEC 2078/92 and reg. EU 1257/99) has produced a wide literature about the best policy design options. The data arising from the first ex post evaluation exercises have contributed only partially to the discussion about how such measures should...