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Connor, Jeffery D.; Ward, John R.; Bryan, Brett. |
Until recently public efforts to encourage conservation on private land in many countries has primarily been through uniform payment policies. Auctions are increasingly used as a payment mechanism to acquire public benefits such as conservation actions that provide environmental improvements on private land (e.g. the US Conservation Reserve Program (CRP). The economic rationale for use of auctions is that they create decentralised incentives to offer bids at close to the true landholder opportunity costs, even when the implementing agency holds little information about these opportunity costs. This paper assesses the cost of a case study auction relative to four payment policies that use varying levels of information strategically to reduce rent payment... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use. |
Ano: 2007 |
URL: http://purl.umn.edu/9360 |
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Connor, Jeffery D.; Ward, John R.; Bryan, Brett. |
This article evaluates the cost-effectiveness of the Catchment Care Australian conservation auction. It provides evidence of auction cost effectiveness, and estimates cost savings from two discrete components: (i) the opportunity cost revelation incentive provided by the auction mechanism, and (ii) the improved environmental targeting capacity that results from development of a scientifically based environmental benefits assessment capacity. Results show that there are potentially very large returns associated with the latter component that have been overlooked in the literature. Additionally, transaction costs involved with administering the case study conservation auction and the prior non-auction payment policy are compared. We find that the... |
Tipo: Article |
Palavras-chave: Auctions; Biodiversity; Cost effectiveness; Environmental economics; Environmental policy; Land Economics/Use. |
Ano: 2008 |
URL: http://purl.umn.edu/118545 |
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Kandulu, John; Bryan, Brett. |
Evaluations of pathogen management options have focussed on assessing relative removal effectiveness as a basis for prioritising alternative management investment decisions. Using a case study of the Myponga catchment, South Australia, this paper presents results of a cost-effectiveness risk analysis of 13 catchment- and treatment-based water quality management alternatives for mitigating Cryptosporidium risk. A range of costs and benefits including set-up and operating costs, farm business costs and benefits, and environmental service benefits are considered in comparing the net cost associated with each management alternative. Considering the broader range of costs and benefits changes the relative cost-effectiveness of water quality management... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Cryptosporidium; Catchment management; Benefit cost; Cost effectiveness. |
Ano: 2009 |
URL: http://purl.umn.edu/48190 |
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