RT Journal Article
SR Electronic
T1 Effect of Information Disclosure Policies in Conservation Auctions
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 032824-0031R
DO 10.3368/le.101.1.032824-0031R
A1 Nguyen, Chi
A1 Latacz-Lohmann, Uwe
YR 2024
UL http://le.uwpress.org/content/early/2024/08/15/le.101.1.032824-0031R.abstract
AB This paper uses controlled laboratory experiments to investigate the effect of revealing the spatial environmental scoring rule, which incorporates ecological gains obtained from spatial coordination of conservation efforts, on auction performance across different landscape types. We set up a stylized agricultural landscape where the environmental goal was to connect fragmented wildlife habitats. We found that revealing the spatial environmental scoring rule would effectively improve auction performance in the landscapes where environmental benefits and opportunity costs are uncorrelated or negatively correlated. However, the results warn against revealing the spatial environmental scoring rule in landscapes where benefits and costs are positively correlated.