Romania was one of the first transition countries in Europe to introduce auctions for allocating standing timber (stumpage) in public forests. In comparison with the former system in the country-administrative allocation at set prices-timber auctions offer several potential advantages: greater...

The study presented in this paper tests the empirical significance of several common recommendations for promoting better logging practices in tropicalforests: in particular, making concession agreements longer, linking renewal of those agreements to logging practices, and using performance...