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| Packman, Katherine; Boxall, Peter C.. |
| Currently, the effect of human impact on the environment is becoming increasingly apparent. The encroachment of human activity has inevitably resulted in the loss or impairment of ecological goods and services (EG&S) around the globe as well as in our own backyard. EG&S include features such as wildlife habitat, biodiversity, soil renewal, or nutrient cycling. The loss of such features has become a sobering reality for Manitobans in the face of the utrophication of Lake Winnipeg as a result of practices contributing to nutrient loading into the lake. Since EG&S are very important to Manitobans, efforts are being made to explore different vehicles to encourage their provision. In order to address some of the environmental issues transpiring in... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Market based instruments; Conservation auction; Tender; Wetland restoration; Environmental Economics and Policy; D44; Q20; Q57. |
| Ano: 2010 |
URL: http://purl.umn.edu/91423 |
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| Boxall, Peter C.; Perger, Orsolya; Packman, Katherine. |
| Conservation auctions (CA) are typically employed to increase the provision of Ecological Goods and Services (EG&S) for achieving environmental goals. This paper exmaines the ability of a CA to meet an environmental target. Previous research on this topic used the number of contracts as a target rather than some specified environmental goal. We used experimental economic methods benchmarked to a wetlands restoration case study to examine a target constraint that must be met by bidders rather than a budget constraint. However, since no budget constraint is employed, agencies with limited resources might have to use other auction design procedures to ensure that financial outlays to pay winning bidders are not too high while meeting the target.... |
| Tipo: Working Paper |
Palavras-chave: Conservation auctions; Environmental target; Experimental economics; Environmental Economics and Policy; Q52; Q58; D44. |
| Ano: 2012 |
URL: http://purl.umn.edu/121624 |
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