In Victoria, Australia individuals or firms wishing to proceed with development that involves the clearing of native vegetation are required to obtain an offset to replace the vegetation destroyed. This paper focuses on the design and testing of the electronic BushBroker exchange and the...

The paper reports on the design, experimental testing, field implementation and performance of market policy replacements of an administrative procedures for procuring school transportation for disadvantaged children. The project involves route design, special auction design and implementation....

Most economic assessments conclude there is no economic efficiency case for governments to provide drought assistance. However, significant public funds are allocated to farmers during droughts and there is a second-best case to improve drought policy design. In this article we show that the...

This article reports on an Australian auction to procure multiple environmental outcomes: "EcoTender". EcoTender uses a Catchment Modelling Framework (CMF) to estimate the impact landholder actions have on carbon, terrestrial biodiversity, aquatic function (water quality and quantity), and...

The present paper proposes that markets for nature conservation on private land are missing because of the problem of asymmetric information. An auction of conservation contracts was designed to reveal hidden information needed to facilitate meaningful transactions between landholders and...