Arid
DOI10.1111/ajae.12224
Conformity and Conservation: Evidence from Home Landscaping and Water ConservationJEL codes
Burkhardt, Jesse; Chan, Nathan W.; Bollinger, Bryan; Gillingham, Kenneth T.
通讯作者Chan, NW (corresponding author), Univ Massachusetts, Amherst, MA 01003 USA.
来源期刊AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS
ISSN0002-9092
EISSN1467-8276
出版年2021-05
英文摘要How do consumers value conformity, and what are the implications for conservation policy? In this article, we study conformity in homeowners' landscaping choices-which have important consequences for water consumption-for housing parcels throughout a large arid American city. We use machine learning techniques to generate precise land cover classifications on each parcel from remote sensing imagery, allowing us to obtain hedonic estimates of the marginal value of conformity. Our work is unique as the first to study this behavioral phenomenon using rich observational data from a real-world market. We then overlay these estimates on a theoretical model to characterize how conformity motives interact with conservation. We find that Pigouvian pricing is roughly half as effective in the presence of conformity, as our estimated conformity effects will countervail price effects. This work shows how behavioral phenomena, such as conformity, may have empirically relevant impacts on the effectiveness of standard conservation interventions.
英文关键词Conformity hedonics landscaping water conservation D91 Q25 Q51 R14 R21
类型Article ; Early Access
语种英语
收录类别SCI-E ; SSCI
WOS记录号WOS:000647322900001
WOS关键词AGRICULTURAL OUTPUT ; RANDOM FLUCTUATIONS ; ECONOMIC-IMPACTS ; CLIMATE-CHANGE ; AIR-POLLUTION ; PEER ; VARIABLES
WOS类目Agricultural Economics & Policy ; Economics
WOS研究方向Agriculture ; Business & Economics
来源机构Colorado State University
资源类型期刊论文
条目标识符http://119.78.100.177/qdio/handle/2XILL650/367523
作者单位[Burkhardt, Jesse] Colorado State Univ, Ft Collins, CO 80523 USA; [Chan, Nathan W.] Univ Massachusetts, Amherst, MA 01003 USA; [Bollinger, Bryan] NYU, New York, NY 10003 USA; [Gillingham, Kenneth T.] Yale Univ, New Haven, CT 06520 USA
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GB/T 7714
Burkhardt, Jesse,Chan, Nathan W.,Bollinger, Bryan,et al. Conformity and Conservation: Evidence from Home Landscaping and Water ConservationJEL codes[J]. Colorado State University,2021.
APA Burkhardt, Jesse,Chan, Nathan W.,Bollinger, Bryan,&Gillingham, Kenneth T..(2021).Conformity and Conservation: Evidence from Home Landscaping and Water ConservationJEL codes.AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS.
MLA Burkhardt, Jesse,et al."Conformity and Conservation: Evidence from Home Landscaping and Water ConservationJEL codes".AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS (2021).
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