Efficient Contract Design for Agri‐Environment Policy
研究了监管者与农户之间的合同设计，以增加环境公共品供给，基于委托代理模型考虑信息不对称，并给出硝酸盐减排的合同示例。
This paper evaluates alternative designs for contracts between a regulator and an agricultural producer to increase the supply of environmental public goods. Contract design, based on the principal‐agent model, takes into account an asymmetry of information between the regulator and producer whereby the regulator is unable to observe precisely the producer's compliance costs. An example is included of contracts designed for nitrate abatement.