This paper uses an optimal contract approach to examine the issue of compliance monitoring in agri-environmental policy when the farmer is risk neutral and risk averse. The environmental agency chooses monitoring accuracy and payments for farmer's (non-)compliance. With a risk-neutral farmer, an...

Considerable growth has been achieved in agricultural production, specifically in export crops in developing countries over the last few decades. However, now there are concerns that production growth may not be sustainable under current agricultural practices. One of the primary sustainability...

The empirical literature on the economic analysis of crime suffers from the lack of theoretical underpinnings in using various income variables to proxy expected net gains from crime. As a result, the empirical findings are often mixed or contradictory to one another. This note provides a...

This paper examines the impact of environmental issues on small Indian enterprises. Due to India's rapid industrialization the environment is now becoming more of a major business concern. This paper compares small with large enterprises to see of there are any differences in the way they...