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The Role of Bounties and Human Behavior on Louisiana Nutria Harvests
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Abstract
In response to nutria-linked degradation of much of its coastal wetlands, Louisiana established the Coastwide Nutria Control Program (CNCP) in January 2002. CNCP instituted, among other things, an ‘‘economic incentive payment’’ of 4.00perdeliverednutriatailfromregisteredparticipantsintheprogram.Toexaminewhetherthisbountyhashadanimpactonnutriaharvestandwhetheralternativebountylevelscan,ingeneral,generateadditionalharvestingactivities,wedevelopedabioeconomicsupplymodelthatrelatesLouisiana’sannualnutriaharveststoasuiteofeconomicandenvironmentalfactors.Resultssuggestedthattheannualnutriaharvestisresponsivetoboththepricereceivedperanimalandcosts.Resultsalsosuggestedthatthenutriaharvesthasincreasedasaresultofthebounty,butthattheinitialbountyof4.00 per tail may be insufficient to achieve the state’s goal of harvesting 400,000 animals per year but that a bounty equal to $5.00 per tail would likely achieve the stated goal.bounties, long-run supply, nutria, open access, Agribusiness, Environmental Economics and Policy, Institutional and Behavioral Economics, Political Economy, Public Economics, Q210,