You can manage bookmarks using lists, please log in to your user account for this.
Media type:
E-Article
Title:
Reverse Auctions for Agri-Environmental Improvements: Bid-Selection Rules and Pricing for Beneficial Management Practice Adoption
Contributor:
Boxall, Peter C.;
Perger, Orsolya;
Weber, Marian
imprint:
University of Toronto Press Inc. (UTPress), 2013
Published in:Canadian Public Policy
Language:
English
DOI:
10.3138/cpp.39.supplement2.s23
ISSN:
0317-0861;
1911-9917
Origination:
Footnote:
Description:
<jats:p> This study uses experimental economic methods to examine the efficacy of reverse auctions to generate efficient nutrient abatement from livestock operations. The experimental parameters were benchmarked to a specific beneficial management practice in a Manitoba watershed and were used to examine three bid-selection rules and two pricing rules. The results suggest that targeting livestock with the practice performed almost as well as targeting specific abatement levels at the farm level. Auctions that maximized participation of producers fared poorly on both environmental and economic outcome measures. The uniform-price rule was found to be superior to the discriminative-pricing rule. </jats:p>