The first Danish exchange for sugar beet contracts was established in January 2008. It was also the world’s first major application of a particular new technology, secure multiparty computation (SMC), which ensures the security and cost-effectiveness of such exchanges. The technology can also...

We discuss the allocative efficiency of the market for the so-called Payment Entitlements that resulted from EU regulation no 796/2004 of the European agricultural policy. In particular we consider the existing market in Denmark and discuss the design of an allocative efficient auction market....