Options for Improving Conservation Programs: Insights from Auction Theory and Economic Experiments

USDA Economic Research Service / by Daniel Hellerstein, Nathaniel Higgins, and Michael J. Roberts
http://www.ers.usda.gov/publications/err-economic-research-report/err181.aspx

USDA spends over $5 billion per year on conservation programs, mostly on voluntary programs that pay farmers and landowners to provide environmental services. This report studies the use of auctions in conservation programs to determine if auction design can reduce Government expenditures or encourage landowners to provide greater environmental services. [H/T: Full Text Reports]

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