refers to the concept of information asymmetry between principal (e.g. state) and agent (e.g. farmer) which can lower environmental effectivenessis the ability to achieve a desired or pre-defined environmental outcome. More of schemes (see also moral hazardrefers to the concept of information asymmetry between principal (e.g. state) and agent (e.g. farmer) which can lower environmental effectiveness of schemes (see also adverse selection). This could be the case when land managers h... More).
This could be the case when land managers find themselves unable to deliver the environmental goodsare the objects from ecosystems that people value through experience, use or consumption, whether that value is expressed in economic, social or personal terms. Note that the use of this term here goes well beyond a narrow definit... More they have contracted to deliver. A lack of knowledge can be resolved by advice and training programmes or peer-to-peer information exchange (Franks, 2011).
References
Franks, J.R., 2011. The collective provision of environmental goodsare the objects from ecosystems that people value through experience, use or consumption, whether that value is expressed in economic, social or personal terms. Note that the use of this term here goes well beyond a narrow definit... More: a discussion of contractual issues, Journal of Environmental Planning and Management, 54:5, 637-660. DOI: 10.1080/09640568.2010.526380
