Knowledge Resource Center for Ecological Environment in Arid Area
DOI | 10.1111/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
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ISSN | 0002-9092 |
EISSN | 1467-8276 |
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 |
推荐引用方式 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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