000125606 001__ 125606
000125606 005__ 20180122221512.0
000125606 037__ $$a413-2016-26020
000125606 041__ $$aen_US
000125606 084__ $$aQ0
000125606 084__ $$aQ2
000125606 084__ $$aC6
000125606 245__ $$aOptimal Monitoring of Agri-environmental Schemes
000125606 260__ $$c2002-02
000125606 269__ $$a2002-02
000125606 300__ $$a30
000125606 336__ $$aConference Paper/ Presentation
000125606 520__ $$aAgri-environmental schemes are found in most European countries and now account for approximately 4 per cent part of EU expenditure on UK agriculture. A significant part of that expenditure is the cost of monitoring farmer compliance with input restrictions. This paper analyses the design of monitoring schedules for long duration agri-environmental schemes where the aim is to reinstate preferred ecosystems using a Partially Observed Markov Decision Process (POMDP). The approach has much in common with the Arrow-Fisher-Henry model of irreversible land development where there is uncertainty over environmental value. Uncertainty in the Partially Observed Markov Decision Process (POMDP) model analysed here, relates to the current vegetation state, stochastic transitions between vegetation states and monitoring accuracy. It applies to both irreversible changes and changes subject to varying degrees of reversibility. Results from this model present a scheme for monitoring which depends upon the regulators prior probability of vegetation states. Over time, monitoring resolves the uncertainty the regulator has about the vegetation state. For some prior probabilities monitoring is repeated for a number of periods for others no monitoring or one period of monitoring is optimal.
000125606 542__ $$fLicense granted by Kirsten Olson (olso5834@umn.edu) on 2012-06-15T14:14:04Z (GMT):

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000125606 650__ $$aResource /Energy Economics and Policy
000125606 6531_ $$abiodiversity
000125606 6531_ $$aconservation
000125606 6531_ $$airreversibility
000125606 6531_ $$aMDP
000125606 6531_ $$aPOMDP
000125606 700__ $$aWhite, Benedict
000125606 8564_ $$s429241$$uhttp://ageconsearch.umn.edu/record/125606/files/white.pdf
000125606 887__ $$ahttp://purl.umn.edu/125606
000125606 909CO $$ooai:ageconsearch.umn.edu:125606$$pGLOBAL_SET
000125606 912__ $$nSubmitted by Kirsten Olson (olso5834@umn.edu) on 2012-06-15T14:15:51Z
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  Previous issue date: 2002-02
000125606 982__ $$gAustralian Agricultural and Resource Economics Society>2002 Conference (46th), February 13-15, 2002, Canberra, Australia
000125606 980__ $$a413