Jason F. Shogren

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Numbers of non-indigenous species--species introduced from elsewhere - are increasing rapidly worldwide, causing both environmental and economic damage. Rigorous quantitative risk-analysis frameworks, however, for invasive species are lacking. We need to evaluate the risks posed by invasive species and quantify the relative merits of different management(More)
Invasive species have been highlighted as a major driver of global environmental change and economic damages, spurring governments worldwide to increase prevention and control investments. Unfortunately, recent research is frequently in a form inaccessible to policy-makers and managers. The complexity of analysis and resulting time requirements can be(More)
Second-price auctions are designed to induce people to reveal their private preferences for a good. Laboratory evidence suggests that while these auctions do a reasonable job on aggregate, they fall short at the individual level, especially for bidders who are off-margin of the market-clearing price. Herein we introduce and explore whether a random(More)
T he Endangered Species Act of 1973 addresses the market failure associated with the unpriced social benefits of such species. Robert Barnwell Roosevelt might have been envisioning such an act in his 1865 book Superior Fishing, where he wrote: ‘‘By these means can the seductive little beauties, whether of the feathered, furred, or scaly tribe . . . be(More)
Experimental auction markets were used to investigate the acceptability to undergraduate students of milk from cows treated with bST. The auction market was used to elicit willingness of participants to pay to exchange "bST milk" for "normal" milk when given repeated market participation. The results suggest that more than 60% of participants would purchase(More)
This paper examines an experiment conducted to explore a voluntary incentive mechanism, the agglomeration bonus, designed to protect endangered species and biodiversity by reuniting fragmented habitat across private land. The goal is to maximize habitat protection and minimize landowner resentment. The agglomeration bonus mechanism pays an extra bonus for(More)
David Finnoff ⁎, Jason F. Shogren, Brian Leung, David Lodge Department of Economics and Finance, University of Wyoming, 1000E, University Avenue, Department 3985, Laramie, Wyoming 82071, USA Department of Biology and the McGill School of Environment, 1205 Docteur Penfield, McGill University, Montreal, Quebec, Canada H3A 1B1 Department of Biological(More)
Researchers have found that voting can help increase voluntary contributions to a public good—provided enforcement through a third party. Not all collective agreements, however, guarantee third-party enforcement. We design an experiment to explore whether a voting rule with and without endogenous punishment increases contributions to a public good. Our(More)
Using a new brand of cigarettes with less nicotine content than conventional cigarettes, we conducted experimental auctions at two grocery stores to estimate smokers' value of nicotine. Our approach is novel because the brand of cigarettes auctioned was new to the market and the cigarette's nicotine content is reduced using genetic modification, with no(More)