Material interests, moral reputation, and crowding out species protection on private land

A-Tier
Journal: Journal of Environmental Economics and Management
Year: 2012
Volume: 63
Issue: 1
Pages: 137-149

Authors (2)

Banerjee, Prasenjit (not in RePEc) Shogren, Jason F. (University of Wyoming)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We consider how the reputation of being socially responsible works as an effective source of motivation in protecting a public good, such as endangered species. This paper investigates the mechanism design for endangered species protection on private land under asymmetric information about reputation and land quality. We examine optimal monetary transfer by designing an efficient mechanism which takes into account the crowding out effect of monetary rewards on socially responsible behavior. We find landowners who have good reputation contribute more than the optimum level. Landowners with poor reputation sacrifices information rent; rather they buy reputation.

Technical Details

RePEc Handle
repec:eee:jeeman:v:63:y:2012:i:1:p:137-149
Journal Field
Environment
Author Count
2
Added to Database
2026-01-29