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Contracts and Incentives in Environmental Sustainability.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Contracts and Incentives in Environmental Sustainability./
Author:	Li, Wanyi.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2021,
Description:	106 p.
Notes:	Source: Dissertations Abstracts International, Volume: 83-07, Section: B.
Contained By:	Dissertations Abstracts International83-07B.
Subject:	Emissions. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=28942884
ISBN:	9798762172073

Contracts and Incentives in Environmental Sustainability.
Li, Wanyi.

Contracts and Incentives in Environmental Sustainability. - Ann Arbor : ProQuest Dissertations & Theses, 2021 - 106 p.

Source: Dissertations Abstracts International, Volume: 83-07, Section: B.

Thesis (Ph.D.)--Stanford University, 2021.

This item must not be sold to any third party vendors.

As the threats of climate change and environmental degradation worsen, policy makers and non-profits worldwide have developed a plethora of incentive-based solutions that induce environmental efforts from individuals. This dissertation studies these incentive-based solutions using the theoretical modeling tools of contract theory, mechanism design and queueing theory. In the first two sections of this dissertation, I ask how to better design contracts and payment structures to increase the efficiency and effectiveness of environmental payment programs. First, I develop a stylized principal-agent model to study Payment for Ecosystem Services programs, which are used by governments worldwide to pay forest owners to conserve forest. I focus on simple and robust contracts that have performance guarantees even when the government has limited information. Next, I investigate the optimal payment structures in long-term and large-scale afforestation programs with smallholder farmers, finding that paying farmers early can increase the environmental benefits generated per dollar spent. Lastly, motivated by operational challenges in the palm oil value chain, I study the impact of travel delay and real-time announcements on queues at a congested server, finding that travel delay can cause reduction in customer welfare in a queueing system.

ISBN: 9798762172073Subjects--Topical Terms:

3559499
Emissions.

Contracts and Incentives in Environmental Sustainability.
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500 $a Source: Dissertations Abstracts International, Volume: 83-07, Section: B.
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502 $a Thesis (Ph.D.)--Stanford University, 2021.
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520 $a As the threats of climate change and environmental degradation worsen, policy makers and non-profits worldwide have developed a plethora of incentive-based solutions that induce environmental efforts from individuals. This dissertation studies these incentive-based solutions using the theoretical modeling tools of contract theory, mechanism design and queueing theory. In the first two sections of this dissertation, I ask how to better design contracts and payment structures to increase the efficiency and effectiveness of environmental payment programs. First, I develop a stylized principal-agent model to study Payment for Ecosystem Services programs, which are used by governments worldwide to pay forest owners to conserve forest. I focus on simple and robust contracts that have performance guarantees even when the government has limited information. Next, I investigate the optimal payment structures in long-term and large-scale afforestation programs with smallholder farmers, finding that paying farmers early can increase the environmental benefits generated per dollar spent. Lastly, motivated by operational challenges in the palm oil value chain, I study the impact of travel delay and real-time announcements on queues at a congested server, finding that travel delay can cause reduction in customer welfare in a queueing system.
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