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Provedor de dados:  AgEcon
País:  United States
Título:  A note on the performance measure of conservation auctions
Autores:  Latacz-Lohmann, Uwe
Schilizzi, Steven
Data:  2011-02-18
Ano:  2011
Palavras-chave:  Auctions
Procurement
Tenders
Conservation
Economic experiments
Model validation
Plus: assessment method
Agricultural policy
Environmental policy
Market-based instruments
Environmental Economics and Policy
Research Methods/ Statistical Methods
C91
C92
D44
Q24
Q28
Resumo:  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 relevant supply curve when a uniform payment is offered and provide a theoretically rigorous counterfactual based on that insight. We estimate that the performance of BushTender may have been overrated by more than 50%.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  http://purl.umn.edu/100885
Relação:  University of Western Australia, School of Agricultural and Resource Economics>Working Papers
Working Paper
1104
Formato:  10
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