Showing 1 - 7 of 7
The principle motivation for using price-discriminating conservation auctions is that they are expected to be significantly more cost-effective than fixed-price mechanisms. This paper measures cost effectiveness for tenders from two rounds of the Auction for Landscape Recovery in Western...
Persistent link: https://www.econbiz.de/10008777093
Environmental agencies and utilities wishing to support environmental projects face the challenge of deciding which of the many possible projects they should support with their limited resources. Projects vary greatly in their benefits and costs, so selecting the best projects can make a major...
Persistent link: https://www.econbiz.de/10011277200
We argue that previous assessments of discriminatory-price conservation auctions may have systematically overestimated their performance relative to uniform-payment schemes due to an inappropriate counterfactual comparison. We demonstrate that the cost curve (and not the bid curve) is the...
Persistent link: https://www.econbiz.de/10008866194
Buying environmental services from private landholders using tendering mechanisms are usually subject to a budget constraint. Auction theory has mostly focused on target-constrained auctions and is less well developed for this type of auction. This paper examines a theoretical model specifically...
Persistent link: https://www.econbiz.de/10008874636
Agri-environmental schemes are found in most European countries and now account for approximately 4 per cent part of EU expenditure on UK agriculture. A significant part of that expenditure is the cost of monitoring farmer compliance with input restrictions. This paper analyses the design of...
Persistent link: https://www.econbiz.de/10010909059
Government and non-government conservation agencies have long-term goals and objectives to provide environmental services, such as conserving the biodiversity of Australian native vegetation. In addition to national parks and reserves, private lands are often included in conservation programs to...
Persistent link: https://www.econbiz.de/10005806919
Contracting with private landholders for labor towards production of environmental services (payment for actions) or the environmental services themselves (payment for outcomes) is reliant on the environmental organization’s ability to monitor and assess the environmental outcomes provided....
Persistent link: https://www.econbiz.de/10009020844