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To Cheat or Not To Cheat: Moral Hazard and Agri-environmental Policy

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  • Rob Fraser, 2013. "To Cheat or Not To Cheat: Moral Hazard and Agri-environmental Policy," Journal of Agricultural Economics, Wiley Blackwell, vol. 64(3), pages 527-536, September.
  • Handle: RePEc:bla:jageco:v:64:y:2013:i:3:p:527-536
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    References listed on IDEAS

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    1. Bardsley, Peter & Harris, Michael, 1987. "An Approach To The Econometric Estimation Of Attitudes To Risk In Agriculture," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 31(2), pages 1-15, August.
    2. Rob Fraser, 2001. "Using Principal‐Agent Theory to Deal with Output Slippage in the European Union Set‐Aside Policy," Journal of Agricultural Economics, Wiley Blackwell, vol. 52(2), pages 29-41, May.
    3. J. A. Mirrlees, 1999. "The Theory of Moral Hazard and Unobservable Behaviour: Part I," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(1), pages 3-21.
    4. Emmanuelle Quillérou & Rob Fraser & Iain Fraser, 2011. "Farmer Compensation and its Consequences for Environmental Benefit Provision in the Higher Level Stewardship Scheme," Journal of Agricultural Economics, Wiley Blackwell, vol. 62(2), pages 330-339, June.
    5. Rob Fraser, 2009. "Land Heterogeneity, Agricultural Income Forgone and Environmental Benefit: An Assessment of Incentive Compatibility Problems in Environmental Stewardship Schemes," Journal of Agricultural Economics, Wiley Blackwell, vol. 60(1), pages 190-201, February.
    6. Rob Fraser, 2002. "Moral Hazard and Risk Management in Agri‐environmental Policy," Journal of Agricultural Economics, Wiley Blackwell, vol. 53(3), pages 475-487, November.
    7. Rob Fraser, 2004. "On the Use of Targeting to Reduce Moral Hazard in Agri‐environmental Schemes," Journal of Agricultural Economics, Wiley Blackwell, vol. 55(3), pages 525-540, November.
    8. Kaplow, Louis & Shavell, Steven, 1994. "Accuracy in the Determination of Liability," Journal of Law and Economics, University of Chicago Press, vol. 37(1), pages 1-15, April.
    9. Polinsky, Mitchell & Shavell, Steven, 1979. "The Optimal Tradeoff between the Probability and Magnitude of Fines," American Economic Review, American Economic Association, vol. 69(5), pages 880-891, December.
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    Cited by:

    1. Yu, Li & Yin, Xundong & Chen, Yulong, 2018. "The behavioural economics of health protection: an empirical evidence of moral hazard in U.S. hog farms," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 62(4), October.
    2. Kim, Youngho & Lichtenberg, Erik & Newburn, David, 2022. "Payments and Penalties in Ecosystem Services Programs," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322103, Agricultural and Applied Economics Association.
    3. Thiago Morello, 2023. "An Agri-environmental Scheme for Reducing Inputs Subjected to Accidental Spillage: An Application to Agricultural Burnings by Smallholders," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 84(2), pages 383-408, February.
    4. Alban Lika & Francesco Galioto & Davide Viaggi, 2017. "Water Authorities’ Pricing Strategies to Recover Supply Costs in the Absence of Water Metering for Irrigated Agriculture," Sustainability, MDPI, vol. 9(12), pages 1-16, November.
    5. Alessandra La Notte & Sonia Marongiu & Mauro Masiero & Pietro Molfetta & Riccardo Molignoni & Luca Cesaro, 2015. "Livestock and Ecosystem Services: An Exploratory Approach to Assess Agri-Environment-Climate Payments of RDP in Trentino," Land, MDPI, vol. 4(3), pages 1-23, August.

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