The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Auctioning Conservation Contracts: A Theoretical Analysis and an Application
Open accessAbstract
Auction theory is used to analyze the potential benefits of auctions in allocating contracts for the provision of nonmarket goods in the countryside. A model of optimal bidding for conservation contracts is developed and applied to a hypothetical conservation program. Competitive bidding, compared to fixed‐rate payments, can increase the cost effectiveness of conservation contracting significantly. The cost revelation mechanism inherent in the bidding process makes auctions a powerful means by which to reduce the problems of information asymmetry. Strategic bidding behavior, which may adversely affect the performance of sequential auctions, is difficult to address by means of auction design.
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Cites
COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS
Vickrey, W. (1961) · The Journal of Finance · doi:10.1111/j.1540-6261.1961.tb02789.x · Cited by 7,722
Cited by
Auctions for conservation contracts: an empirical examination of Victoria's BushTender trial
Stoneham, G., Chaudhri, V., Ha, A., & Strappazzon, L. (2003) · Australian Journal of Agricultural and Resource Economics · doi:10.1111/j.1467-8489.2003.t01-1-00224.x · Cited by 486
Pannell, D. J. (2008) · Land Economics · doi:10.3368/le.84.2.225 · Cited by 277
The Roles of Adoption and Behavior Change in Agricultural Policy
Pannell, D. J., & Claassen, R. (2020) · Applied Economic Perspectives and Policy · doi:10.1002/aepp.13009 · Cited by 123
Saving a creek one bid at a time: A uniform price auction for urban stormwater retention
Nemes, V., La Nauze, A., Walsh, C. J., Fletcher, T. D., Bos, D. G., RossRakesh, S., & Stoneham, G. (2016) · Urban Water Journal · doi:10.1080/1573062x.2014.988732 · Cited by 13
Metadata
- Authors
- Latacz‐Lohmann, U., & Van der Hamsvoort, C.
- Venue
- American Journal of Agricultural Economics
- Publisher
- Wiley
- Published
- 1997-05
- Volume
- 79
- Issue
- 2
- Pages
- 407-418
- ISSN
- 0002-9092 (ISSN-L)
- 1467-8276
- OpenAlex
- W2011817716
- Cited by
- 425
- References
- 1
- FWCI
- 3.21
- Type
- journal article
- Language
- en
- Open access
- bronze
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.