The purpose of this paper is to analyse land allocation between competing agri-environmentalcontracts taking into account institutional issues and farm household and farm characteristics. Weconsider a Biodiversity Protection Contract, Landscape Management Contract and a Restriction onIntensive...

The purpose of this paper is to analyse land allocation between competing agri-environmental contracts taking into account institutional issues and farm household and farm characteristics. We consider a Biodiversity Protection Contract, Landscape Management Contract and a Restriction on...

Replaced with revised version of paper 07/29/10.

Proposals of the European Commission stress the future importance of agri-environmental payments within the rural development policy of the European Union. The aim of this paper is to present and discuss a model for choice for plant species protection contracts in the Netherlands. The model...

Replaced with revised version of paper 07/29/10.

Shortfalls in water supplies are perhaps the greatest practical NRM policy concern in Australia today, looming larger in many minds than the great international debates on greenhouse gasses, climate change and biodiversity. Because forest land cover uses more water than any other, wide expansion...

A crucial factor in the success of any water quality trading market is its ability to cost-effectivelyreallocate nutrient allowances from initial holders to those users who find them most valuable;the market's trading efficiency. We explore causes of and solutions to trading inefficiency...

On November 8, 1996, various Environmental Protection Agency (EPA) officials, scholars and industry representatives gathered at Resources for the Future (RFF) to examine the EPA's method for classifying private SO2 allowance transactions by the Allowance Tracking System (ATS). The one-day...

Payment for carbon sequestration by agriculture and forestry can provide incentives for adoption of sustainable agricultural practices. However, a project involving contracts with farmers may face high transaction costs in showing that net emission reductions are real and attributable to the...

When evaluating the economic efficiency of policies to reduce nonpoint source pollution, administrative or transaction costs are usually not taken into account. While the importance of transaction costs has been recognized in the theoretical literature, the fact that they are not incorporated in...