Showing 1 - 10 of 21
We argue that previous assessments of discriminatory-price conservation auctions may have systematically overestimated …
Persistent link: https://www.econbiz.de/10008866194
Policy makers aiming to get private landholders to supply non-marketed environmental services may need to provide efficient economic incentives. Two ideas have been explored to achieve this: linking contract payments to environmental outcomes and submitting the contracts to competitive tender....
Persistent link: https://www.econbiz.de/10008866199
constraint. Auction theory has mostly focused on target-constrained auctions and is less well developed for this type of auction …
Persistent link: https://www.econbiz.de/10008874636
This paper explores two ideas to enhance the performance of agri-environmental contracting schemes: linking contract payments to environmental outcomes and putting the contracts up for tender. This paper investigates whether there are any gains to be had by combining the benefits of both...
Persistent link: https://www.econbiz.de/10009326519
Auctions are increasingly being considered as a mechanism for allocating conservation contracts to private landowners … constructs an agent-based model to evaluate the long-term performance of conservation auctions under settings where bidders are … allowed to learn from previous outcomes. The results clearly indicate that the efficiency benefits of one-shot auctions are …
Persistent link: https://www.econbiz.de/10010769617
As an alternative to the more traditional fixed-price schemes, governments can run auctions to purchase environmental …-effectiveness. Using field data from two fishing vessel decommissioning auctions in Scotland, we find ambiguous results regarding relative …
Persistent link: https://www.econbiz.de/10010913623
In order to maximize efficiency, should conversation contracts include incentive payments and also be put up for tender? This work uses laboratory experiments to investigate this question. We find that there exists an optimal share of performance payment which yields maximum total stewardship...
Persistent link: https://www.econbiz.de/10010914440
By design, tenders are used when costs are unknown. But if costs are unknown, how can we evaluate the tenders, when their evaluation involves measuring their cost-effectiveness? We identify three approaches: theoretical, empirical and experimental. We first use experimental data to compare the...
Persistent link: https://www.econbiz.de/10010915525
-unit procurement-type auctions. These can either be target-constrained or budget-constrained. Most of the theoretical literature has … examines the predictive power of a simple model previously developed for budget-constrained auctions, in comparison to that of …
Persistent link: https://www.econbiz.de/10010920103
Policy makers aiming to get private landholders to provide non-marketed environmental services need to provide efficient economic incentives. Two ideas have been explored to achieve this: linking contract payments to environmental outcomes and putting the contracts up for tender. This paper...
Persistent link: https://www.econbiz.de/10009446039