Wetland ecosystems on privately owned farms – such as those on the Murrumbidgee River Floodplain in the state of New South Wales, Australia – provide a mix of potentially valuable outputs to their owners and the wider community. The mix of values generated is dependent on the biophysical...

There has been growing interest in the use of market-like instruments to achieve cost effective environmental outcomes, and a range of new tools are being explored. While competitive processes such as BushTender have been successfully designed to establish conservation contracts on private land,...

Participation is a relative concept. Too much implies high costs of administration and many losers in a competitive process. Too little implies relatively few gains from trade are accessed. Thus the aim is to optimise rather than maximise participation. In this paper we outline some rules of...