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Reasonable Value And The Role Of Negotiation In Agriculture'S Use Of The Environment

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Author Info

  • Kazmierczak, Richard F., Jr.
  • Hughes, David W.

Abstract

Social pressures to regulate agriculture's use of environmental resources have been building for many years and show no signs of abating. While the agricultural and environmental communities can react to these events in many ways, perhaps the most promising avenue for resolving joint agricultural and environmental disputes lies with negotiated regulations mediated by governmental agencies. When first conceived by Commons, negotiated regulation was seen as a way to achieve both efficient and equitable dispute resolution by directly using the preferences, skills, and operational knowledge of stakeholders. This approach should be attractive to the agricultural community because it provides an opportunity to educate environmental groups about the complexities facing modern agriculture. It also assures that private business interests are considered in the development of regulations, and should result in regulations that give dynamic flexibility to the way environmental standards are achieved. In today's litigious society, negotiated regulations may also reduce many transaction costs associated with agricultural and environmental issues, particularly those associated with contract development and enforcement. Ultimately, negotiated regulations may be the best hope for satisfying the dual social objectives of a clean environment and an economically viable agricultural sector.

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File URL: http://purl.umn.edu/31691
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Bibliographic Info

Paper provided by Louisiana State University, Department of Agricultural Economics and Agribusiness in its series Staff Papers with number 31691.

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Date of creation: 1996
Date of revision:
Handle: RePEc:ags:lsustp:31691

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Postal: Baton Rouge, LA 70803-6306
Web page: http://www.agecon.lsu.edu/
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Related research

Keywords: Environmental Economics and Policy;

References

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  1. Quiggin, John, 2012. "The Economics of New Media," Risk and Sustainable Management Group Working Papers 151528, University of Queensland, School of Economics.
  2. Paul Thompson, 1986. "The social goals of agriculture," Agriculture and Human Values, Springer, vol. 3(4), pages 32-42, September.
  3. McGuire, Richard T., 1994. "A new model to reach water quality goals," Choices, Agricultural and Applied Economics Association, vol. 9(2).
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Cited by:
  1. Fraser, Iain & Chisholm, Tony, 2000. "Conservation or cultural heritage? Cattle grazing in the Victoria Alpine National Park," Ecological Economics, Elsevier, vol. 33(1), pages 63-75, April.

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