Publications tagged with Payments for environmental services
Farmers Follow the Herd : A Theoretical Model on Social Norms and Payments for Environmental Services
2021 - Environmental and Resource Economics
Le Coent,Philippe
;
Préget,Raphaële
;
Thoyer,Sophie
The economic literature on Payments for Environmental Services (PES) has studied exten- sively the behavioural factors that prevent farmers from signing PES contracts, even when the payments exceed the expected opportunity costs. This article provides a theoretical model of the role played by the i…