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Using choice framing to improve the design of agricultural subsidy schemes
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Ocean, Neel and Howley, Peter (2021) Using choice framing to improve the design of agricultural subsidy schemes. Land Economics, 97 (4). pp. 933-950. doi:10.3368/le.97.4.041620-0055R1 ISSN 0023-7639.
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Official URL: http://dx.doi.org/10.3368/le.97.4.041620-0055R1
Abstract
Existing agri-environment schemes have suffered from poor uptake and high burden. This article leverages behavioural economics to test choice framing in three hypothetical policy scenarios. Using a randomised survey experiment on UK farmers, we find that frames based on mental accounting and loss aversion can be used to influence agricultural policyrelated decision making. Our findings highlight the following considerations for the design of future policy: (i) whether application costs are integrated within or segregated from a subsidy matters; (ii) the labelling of agricultural schemes may affect expenditure allocation; and (iii) reference points can affect the evaluation of new scheme alternatives.
Item Type: | Journal Article | ||||||||
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Divisions: | Faculty of Science, Engineering and Medicine > Engineering > WMG (Formerly the Warwick Manufacturing Group) | ||||||||
Journal or Publication Title: | Land Economics | ||||||||
Publisher: | University of Wisconsin Press | ||||||||
ISSN: | 0023-7639 | ||||||||
Official Date: | 1 November 2021 | ||||||||
Dates: |
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Volume: | 97 | ||||||||
Number: | 4 | ||||||||
Page Range: | pp. 933-950 | ||||||||
DOI: | 10.3368/le.97.4.041620-0055R1 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Access rights to Published version: | Restricted or Subscription Access |
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