UAA College of Business and Public Policy

Seminar with Rasmuson Chair of Economics, Timothy Cason

The College of Business and Public Policy's newest Rasmuson Chair of Economics, Dr. Timothy Cason from Purdue University, will presenting his research on payments for ecosystem services on Friday 9/9 at 3pm in RH 303.

The research paper's abstract: Landowner participation and spatial coordination of land use decisions are key components for enhancing the effective delivery of ecosystem services from private land. However, inducing landowner participation in Payment for Ecosystem Services schemes for coordinating land management choices is challenging from a policy design perspective owing to transaction costs associated with participation. This paper employs a laboratory experiment to investigate the impact of such costs on participation and land use in the context of an Agglomeration Bonus (AB) scheme.