A Group Incentive Contract to Promote Adoption of Best Management Practices

Journal of Agricultural and Resource Economics

Volumn 24, Issue 2, 1999, Pages 367-382

  DeVuyst, Eric A ^a   Ipe C , Viju ^b  

^a NORTH DAKOTA STATE UNIVERSITY   (United States)

^b ILLINOIS STATE GEOLOGICAL SURVEY   (United States)

Author keywords

Best management practices; Incentive contract; Nonpoint source pollution

Indexed keywords

ZEA MAYS;

EID: 0033463093     PISSN: 10685502     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (17)

1. Baquet, A. E., and J. Skees. "Group Risk Plan Insurance: An Alternative Risk-Management Tool for Farmers." Choices (1st Quarter 1994):25-28.
2. Bullock, D. G., and D. S. Bullock. "Quadratic and Quadratic-Plus-Plateau Models for Predicting Optimal Nitrogen Rate of Corn: A Comparison." Agronomy J. 86,1(1994):191-95.
3. Byström, O., and D. W. Bromley. "Contracting for Nonpoint-Source Pollution Abatement." J. Agr. and Resour. Econ. 23(July 1998):39-54.
4. Cooper, J. C., and R. W. Keim. "Incentive Payments to Encourage Farmer Adoption of Water Quality Protection Practices." Amer. J. Agr. Econ. 78(February 1996):54-64.
5. Duttweiler, D. W., and H. P. Nicholson. "Environmental Problems and Issues of Agricultural Nonpoint Source Pollution." In Agricultural Management and Water Quality, eds., F. W. Schaller and G. W. Bailey, pp. 3-16. Ames IA: Iowa State University Press, 1983.
6. Holmstrom, B. "Moral Hazard in Teams." Bell J. Econ. 13(1982):324-40.
7. Illinois Department of Agriculture. Illinois Agricultural Statistics. Springfield IL, 1996.
8. Markowitz, H. M. "Portfolio Selection." J. Finance 8(1952):77-91.
9. Nalebuff, B. J., and J. E. Stiglitz. "Prices and Incentives: Towards a General Theory of Compensation and Competition." Bell J. Econ. 14(1983):21-43.
10. Rasmusen, E. "Moral Hazard in Risk-Averse Teams." Rand J. Econ. 18(Autumn 1987):428-35.
11. Segerson, K. "Uncertainty and Incentives for Nonpoint Pollution Control." J. Environ. Econ. and Manage. 15(1988):87-98.
12. U.S. Department of Agriculture. "EPIC - Erosion/Productivity Impact Calculator." Agr. Tech. Bull. No. 1768, USDA/Agricultural Research Service, Washington DC, September 1990.
13. _. Unpublished survey of the Big Ditch Watershed farmers. USDA/Soil and Water Conservation District, Champaign County IL, 1995.
14. University of Illinois, Cooperative Extension Service. Illinois Agronomy Handbook. Circular No. 1333, CES/College of Agriculture, Urbana IL, 1995-96.
15. University of Illinois, Farm and Resource Management Laboratory (FaRMLab). Crop and Livestock Budgets, Examples for Illinois. Dept. of Agr. and Consumer Econ., Urbana IL, 1995-96.
16. Xepapadeas, A. P. "Environmental Policy Under Imperfect Information: Incentives and Moral Hazard." J. Environ. Econ. and Manage. 20(1991):113-26.
17. Yadav, S. N., W. Peterson, and K. W. Easter. "Do Farmers Overuse Nitrogen Fertilizer to the Detriment of the Environment?" Environ. and Resour. Econ. 9(1997):323-40.