Data/hora: 07/06/2024 05:51:47

Provedor de dados: | 31
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&gt;Working Papers

Working Paper

1104

Formato: | 10