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Auctions for conservation contracts: an empirical examination of Victoria's BushTender Trial

Stoneham, Gary; Chaudhri, Vivek; Ha, Arthur; Strappazon, Loris

Description

In this paper we provide an analysis of an auction-based approach to allocating biodiversity conservation contracts on private land. The auction, called BushTender, was conducted by the Department of Natural Resources and Environment (NRE) in two regions of Victoria. The paper describes the key design features of the auction: including the auction format, contract specification and specification of biodiversity preferences; we analyse the bids provided by landholders; and compare the...[Show more]

dc.contributor.authorStoneham, Gary
dc.contributor.authorChaudhri, Vivek
dc.contributor.authorHa, Arthur
dc.contributor.authorStrappazon, Loris
dc.date.accessioned2003-11-04
dc.date.accessioned2004-05-19T13:16:58Z
dc.date.accessioned2011-01-05T08:52:46Z
dc.date.available2004-05-19T13:16:58Z
dc.date.available2011-01-05T08:52:46Z
dc.date.created2002
dc.identifier.urihttp://hdl.handle.net/1885/40973
dc.identifier.urihttp://digitalcollections.anu.edu.au/handle/1885/40973
dc.description.abstractIn this paper we provide an analysis of an auction-based approach to allocating biodiversity conservation contracts on private land. The auction, called BushTender, was conducted by the Department of Natural Resources and Environment (NRE) in two regions of Victoria. The paper describes the key design features of the auction: including the auction format, contract specification and specification of biodiversity preferences; we analyse the bids provided by landholders; and compare the discriminative price auction with a hypothetical fixed-price scheme. We also comment on anecdotal evidence about the likely indirect benefits of BushTender.
dc.format.extent264791 bytes
dc.format.extent353 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypeapplication/octet-stream
dc.language.isoen_AU
dc.subjectBush Tender
dc.titleAuctions for conservation contracts: an empirical examination of Victoria's BushTender Trial
dc.typeWorking/Technical Paper
local.description.refereedno
local.identifier.citationmonthjul
local.identifier.citationyear2002
local.identifier.eprintid2198
local.rights.ispublishedno
dc.date.issued2002
local.contributor.affiliationEconomics and Environment Network
local.contributor.affiliationANU
CollectionsANU Research Publications

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