The Bobolink Project: Selling Public Goods from Ecosystem Services Using Provision Point Mechanisms
Stephen Swallow (),
Christopher Anderson () and
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Christopher Anderson: University of Washington
No 16, Working Papers from University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy
We report a two-year field experiment that solicited residents of Jamestown, Rhode Island, USA, to contribute funds to support contracts with farmers willing to provide a portfolio of public goods associated with improving the nesting success of grassland birds, particularly the Bobolink. A direct-mail marketing experiment collected funds through four provision point, money-back guarantee mechanisms: a voluntary contribution mechanism with a proportional rebate; a pivotal mechanism based on the Clarke tax; and two novel uniform price auction mechanisms. Valuation estimates recovered from the voluntary contribution mechanism approached that of the pivotal mechanism, with one uniform price auction falling lower.
Keywords: nonmarket valuation; ecosystem services; broker; aggregator; field experiments; cultural ecosystem service; grassland habitat; agriculture; environmental stewardship.; nonmarket valuation; ecosystem services; broker; aggregator; field experiments; cultural ecosystem service; grassland habitat; agriculture; environmental stewardship (search for similar items in EconPapers)
Pages: 45 pages
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Journal Article: The Bobolink Project: Selling Public Goods From Ecosystem Services Using Provision Point Mechanisms (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:zwi:wpaper:16
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