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Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)

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Zeitschriftentitel: American Journal of Agricultural Economics
Personen und Körperschaften: Banerjee, Simanti
In: American Journal of Agricultural Economics, 100, 2018, 1, S. 172-197
Format: E-Article
Sprache: Englisch
veröffentlicht:
Wiley
Schlagwörter:
Economics and Econometrics
Agricultural and Biological Sciences (miscellaneous)
author_facet Banerjee, Simanti
Banerjee, Simanti
author Banerjee, Simanti
spellingShingle Banerjee, Simanti
American Journal of Agricultural Economics
Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
Economics and Econometrics
Agricultural and Biological Sciences (miscellaneous)
author_sort banerjee, simanti
spelling Banerjee, Simanti 0002-9092 1467-8276 Wiley Economics and Econometrics Agricultural and Biological Sciences (miscellaneous) http://dx.doi.org/10.1093/ajae/aax066 <jats:p>The Agglomeration Bonus is a Payment for Ecosystem Services scheme that focuses on achieving spatially‐coordinated land use across neighboring, privately‐owned agricultural properties. In this article, I use a laboratory experiment to examine the role of two mechanisms in incentivizing spatially‐coordinated land uses under the Agglomeration Bonus scheme on a geographical landscape resembling a local circular network. The first mechanism is pecuniary in format and varies the payoffs associated with coordination, while the second is a non‐pecuniary mechanism that varies the amount of information participants have about the land use choices of other participants, specifically of those from another community. The payoff variation is implemented as a within‐subject treatment and the information treatment in a between‐subject format. The results indicate that the coordination rates are higher if payments associated with coordination are higher. Also, having information about outcomes of the Agglomeration Bonus scheme from another community improves spatial coordination rates in both communities.</jats:p> Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE) American Journal of Agricultural Economics
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title Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
title_unstemmed Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
title_full Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
title_fullStr Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
title_full_unstemmed Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
title_short Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
title_sort improving spatial coordination rates under the agglomeration bonus scheme: a laboratory experiment with a pecuniary and a non‐pecuniary mechanism (nudge)
topic Economics and Econometrics
Agricultural and Biological Sciences (miscellaneous)
url http://dx.doi.org/10.1093/ajae/aax066
publishDate 2018
physical 172-197
description <jats:p>The Agglomeration Bonus is a Payment for Ecosystem Services scheme that focuses on achieving spatially‐coordinated land use across neighboring, privately‐owned agricultural properties. In this article, I use a laboratory experiment to examine the role of two mechanisms in incentivizing spatially‐coordinated land uses under the Agglomeration Bonus scheme on a geographical landscape resembling a local circular network. The first mechanism is pecuniary in format and varies the payoffs associated with coordination, while the second is a non‐pecuniary mechanism that varies the amount of information participants have about the land use choices of other participants, specifically of those from another community. The payoff variation is implemented as a within‐subject treatment and the information treatment in a between‐subject format. The results indicate that the coordination rates are higher if payments associated with coordination are higher. Also, having information about outcomes of the Agglomeration Bonus scheme from another community improves spatial coordination rates in both communities.</jats:p>
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author Banerjee, Simanti
author_facet Banerjee, Simanti, Banerjee, Simanti
author_sort banerjee, simanti
container_issue 1
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container_title American Journal of Agricultural Economics
container_volume 100
description <jats:p>The Agglomeration Bonus is a Payment for Ecosystem Services scheme that focuses on achieving spatially‐coordinated land use across neighboring, privately‐owned agricultural properties. In this article, I use a laboratory experiment to examine the role of two mechanisms in incentivizing spatially‐coordinated land uses under the Agglomeration Bonus scheme on a geographical landscape resembling a local circular network. The first mechanism is pecuniary in format and varies the payoffs associated with coordination, while the second is a non‐pecuniary mechanism that varies the amount of information participants have about the land use choices of other participants, specifically of those from another community. The payoff variation is implemented as a within‐subject treatment and the information treatment in a between‐subject format. The results indicate that the coordination rates are higher if payments associated with coordination are higher. Also, having information about outcomes of the Agglomeration Bonus scheme from another community improves spatial coordination rates in both communities.</jats:p>
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spelling Banerjee, Simanti 0002-9092 1467-8276 Wiley Economics and Econometrics Agricultural and Biological Sciences (miscellaneous) http://dx.doi.org/10.1093/ajae/aax066 <jats:p>The Agglomeration Bonus is a Payment for Ecosystem Services scheme that focuses on achieving spatially‐coordinated land use across neighboring, privately‐owned agricultural properties. In this article, I use a laboratory experiment to examine the role of two mechanisms in incentivizing spatially‐coordinated land uses under the Agglomeration Bonus scheme on a geographical landscape resembling a local circular network. The first mechanism is pecuniary in format and varies the payoffs associated with coordination, while the second is a non‐pecuniary mechanism that varies the amount of information participants have about the land use choices of other participants, specifically of those from another community. The payoff variation is implemented as a within‐subject treatment and the information treatment in a between‐subject format. The results indicate that the coordination rates are higher if payments associated with coordination are higher. Also, having information about outcomes of the Agglomeration Bonus scheme from another community improves spatial coordination rates in both communities.</jats:p> Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE) American Journal of Agricultural Economics
spellingShingle Banerjee, Simanti, American Journal of Agricultural Economics, Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE), Economics and Econometrics, Agricultural and Biological Sciences (miscellaneous)
title Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
title_full Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
title_fullStr Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
title_full_unstemmed Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
title_short Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
title_sort improving spatial coordination rates under the agglomeration bonus scheme: a laboratory experiment with a pecuniary and a non‐pecuniary mechanism (nudge)
title_unstemmed Improving Spatial Coordination Rates under the Agglomeration Bonus Scheme: A Laboratory Experiment with a Pecuniary and a Non‐Pecuniary Mechanism (NUDGE)
topic Economics and Econometrics, Agricultural and Biological Sciences (miscellaneous)
url http://dx.doi.org/10.1093/ajae/aax066