Insuring the Stewardship of Bt Corn: "A Carrot" versus "A Stick"

Subsidies and fines are compared to voluntary and mandatory refuge insurance (insurance for pest damage on Bt corn refuge) as mechanisms for securing grower compliance with EPA refuge mandates. A conceptual model partially ranks mechanisms. Tradeoffs between mechanisms using grower welfare, payments...

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Bibliographic Details
Main Authors: Paul D. Mitchell, Terrance M. Hurley, Bruce A. Babcock, Richard L. Hellmich
Format: Article
Language:English
Published: Western Agricultural Economics Association 2002-12-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/31127