In a conservation auction there are many possible influences on bid prices. This paper considers a range of factors that influenced the bids submitted to the Queensland Government's Vegetation Incentives Program (VIP). The relationships between total bid price and a variety of variables are...

The Queensland Department of Natural Resources and Mines (NR&M) is currently running the Vegetation Incentives Program (VIP), which pays landholders to protect and manage nonremnant vegetation on their properties. The program is using an auction mechanism to allocate the funding. Observing the...