Ajayi, Oluyede C.; Jack, B. Kelsey; Leimona, Beria - In: World Development 40 (2012) 6, pp. 1213-1223
Payments for environmental services programs use direct incentives to improve the environmental impacts of private land use decisions. An auction offers an approach to efficiently allocating contracts among least-cost landholders, which can improve the overall cost-effectiveness of the approach....