Research seminar: Payment for environmental service schemes
12 September 2017
Visiting Professor Frans de Vries, an economist from the University of Stirling in the UK, will give a research seminar at Waikato Management School on 'Nudging participation and spatial agglomeration in payment for environmental service schemes'.
Professor de Vries has a broad interest in environmental, resource and energy economics. His work is currently focused on designing and testing environmental markets and other environmental policy mechanism.
He has worked as a consultant for the OECD Environment Directorate on Environmental Policy and Technological Innovation, the UK Department for International Development, and the Scottish Environmental Protection Agency.
Professor de Vries says the environmental benefits from Payment for Environmental Service (PES) schemes can often be enhanced if landowners can be induced to enrol land in a spatially-coordinated manner.
This is because the achievement of many targets for biodiversity conservation policy or water quality improvements are increasing in the spatial connectedness of enrolled land, he says.
One incentive mechanism proposed by economists to achieve such connectedness is the Agglomeration Bonus (AB). There has also been an interest in using 'nudges' to enhance participation and performance of PES schemes.
Professor de Vries's research paper explores whether a specific nudge in the form of providing information to people about the relative environmental performance of their group can improve participation and spatial coordination, and enhance the AB performance.