We investigate the problem of subsidising afforestation when private information exists with respect to the level of … private utility from the projects and a conventional' group deriving lower utility. Afforestation projects may be produced in …

We investigate the problem of subsidising afforestation when private information exists with respect to the level of … private utility from the projects and a 'conventional' group deriving lower utility. Afforestation projects may be produced in …

The literature on license auctions for process innovations in oligopoly assumed that the auctioneer reveals the winning …, partial, and no disclosure of bids, which correspond to standard auctions. We show that more information disclosure increases …