IDEAS home Printed from https://ideas.repec.org/p/ags/aesc12/134987.html
   My bibliography  Save this paper

Evaluating conservation auctions with unknown bidder costs: the Scottish fishing vessel decommissioning program

Author

Listed:
  • Schilizzi, Steven
  • Latacz-Lohmann, Uwe

Abstract

As an alternative to the more traditional fixed-price schemes, governments can run auctions to purchase environmental services from private agents. Governments have so far chosen the discriminatory price (DP) over the uniform price (UP) format. Theoretical and experimental studies have concluded that the DP usually performs better than the UP in terms of cost-effectiveness. Using field data from two fishing vessel decommissioning auctions in Scotland, we find ambiguous results regarding relative DP and UP performances. A novel approach for estimating the underlying bidder costs shows that bid shading and cost heterogeneity can each determine relative auction performance.

Suggested Citation

  • Schilizzi, Steven & Latacz-Lohmann, Uwe, 2012. "Evaluating conservation auctions with unknown bidder costs: the Scottish fishing vessel decommissioning program," 86th Annual Conference, April 16-18, 2012, Warwick University, Coventry, UK 134987, Agricultural Economics Society.
    • Handle: RePEc:ags:aesc12:134987
    DOI: 10.22004/ag.econ.134987
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/134987/files/Uwe_Latacz-Lohmann_AES%202012%20Lohmann-Schilizzi.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.134987?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Thiermann, Insa & Schröer, Daniel & Latacz-Lohmann, Uwe, 2023. "Are German farmers ready for a ‘warm restructuring’ of the pig sector?," Ecological Economics, Elsevier, vol. 209(C).
    2. Star, Megan & Rolfe, John & Barbi, Emily, 2019. "Do outcome or input risks limit adoption of environmental projects: Rehabilitating gullies in Great Barrier Reef catchments," Ecological Economics, Elsevier, vol. 161(C), pages 73-82.
    3. Gregory Smith & Brett Day & Amy Binner, 2019. "Multiple-Purchaser Payments for Ecosystem Services: An Exploration Using Spatial Simulation Modelling," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(1), pages 421-447, September.
    4. Messer, Kent D. & Duke, Joshua M. & Lynch, Lori & Li, Tongzhe, 2017. "When Does Public Information Undermine the Efficiency of Reverse Auctions for the Purchase of Ecosystem Services?," Ecological Economics, Elsevier, vol. 134(C), pages 212-226.

    More about this item

    Keywords

    Agribusiness;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aesc12:134987. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aesukea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.