CONTRACTING OVER COMMON PROPERTY: COST-SHARE CONTRACTS FOR PREDATOR CONTROL

Abstract

Predator control cost-share contracts among livestock producers in North America date back to 1630. A model is developed which provides refutable implications for the structure and distribution of these contracts over time and space. Historical and contemporary state and county level data on sheep producer coyote control generally support the model.contract theory, wildlife, livestock production, Industrial Organization, Resource /Energy Economics and Policy,