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Most U.S. farmers prepare their soil for seeding and weed and pest control through tillage—plowing operations that disturb the soil. Tillage practices affect soil carbon, water pollution, and farmers’ energy and pesticide use, and therefore data on tillage can be valuable for understanding...
Persistent link: https://www.econbiz.de/10008741285
This paper studies bidder behavior in an innovative program in which farmers compete to sell their development rights to the State. We derive a reduced form bidding model that includes both private value and common value components. This model allows us to estimate the role of bidder...
Persistent link: https://www.econbiz.de/10004989011
Persistent link: https://www.econbiz.de/10011166756