Hidden action, risk aversion and variable fines in agri-environmental schemes

被引:11
|
作者
Ozanne, Adam [1 ]
White, Ben [2 ]
机构
[1] Univ Manchester, Sch Social Studies, Manchester M13 9PL, Lancs, England
[2] Univ Western Australia, Sch Agr & Resource Econ, Nedlands, WA 6009, Australia
关键词
agri-environmental policy; monitoring; risk aversion;
D O I
10.1111/j.1467-8489.2008.00408.x
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
This note analyses the design of agri-environmental schemes for risk-averse producers whose input usage is only observable by costly monitoring. The scheme penalises producers in proportion to input use in excess of a quota. A striking result is that if the scheme is designed in such a way that producers always comply with the quota, risk aversion is not relevant in determining the level of input use.
引用
收藏
页码:203 / 212
页数:10
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