Tenant favoritism and right of first refusals in farmland auctions: competition and price effects
Rights of first refusals (RFRs) granted to tenants in land privatization auctions enable them
to purchase their leased land by accepting the highest bid. RFRs may deter bidders and …
to purchase their leased land by accepting the highest bid. RFRs may deter bidders and …
On the price effect of a right-of-first-refusal in farmland auctions
Abstract Current European Union legislation offers public authorities to grant a right of first
refusal (RFR) in farmland auctions with public tenders in favour of the current tenant. That is …
refusal (RFR) in farmland auctions with public tenders in favour of the current tenant. That is …
Farmland values and bidder behaviour in first-price land auctions
C Croonenbroeck, M Odening… - European Review of …, 2020 - academic.oup.com
We investigate potential asymmetries among bidders in land auctions that may entail market
inefficiencies. Using representative data for eastern Germany including winning bids, bidder …
inefficiencies. Using representative data for eastern Germany including winning bids, bidder …
On the effectiveness of restricted tendering as a form of policy intervention on agricultural land markets
CF Von Hobe, O Musshoff - Land Use Policy, 2021 - Elsevier
The ongoing sharp rise in farmland prices in Europe has led to a discussion concerning the
need for political intervention and stronger market regulation on agricultural land markets. In …
need for political intervention and stronger market regulation on agricultural land markets. In …
Is there a risk of a winner's curse in farmland auctions?
We test the assumption that bidders in farmland auctions have private valuations, a
necessary condition for auction efficiency. We apply the test of Haile et al.(2003) to farmland …
necessary condition for auction efficiency. We apply the test of Haile et al.(2003) to farmland …
[HTML][HTML] Decentralized public farmland conveyance: Rental rights auctioning in Ukraine
V Kvartiuk, T Herzfeld, E Bukin - Land Use Policy, 2022 - Elsevier
This study examines whether decentralized auctioning of public agricultural land results in
higher land prices in comparison to auctioning via a centralized agency. Decentralization …
higher land prices in comparison to auctioning via a centralized agency. Decentralization …
Competition in online land lease auctions in Ukraine: Reduced-form estimation
O Myrna - Land Use Policy, 2023 - Elsevier
An innovative pilot project to facilitate the transparent transfer of rental rights for publicly
owned agricultural land via an ascending-price online auction was launched in Ukraine in …
owned agricultural land via an ascending-price online auction was launched in Ukraine in …
Optimal reserve prices for land auctions in Eastern Germany
Privatization auctions are seen as culprit for rising prices in eastern Germany. This study
aims to analyse whether privatization auctions could have earned even higher revenues by …
aims to analyse whether privatization auctions could have earned even higher revenues by …
[PDF][PDF] Provision point reverse auction: A new auction mechanism with applications for conservation contracts
Rent-seeking behavior by participants in payment for environmental services auctions
reduces the number of affordable contracts and decreases environmental protection. We …
reduces the number of affordable contracts and decreases environmental protection. We …
First‐Price sealed‐bid tender versus English open auction: evidence from land auctions
YL Chow, JTL Ooi - Real Estate Economics, 2014 - Wiley Online Library
This article compares whether the first‐price sealed‐bid tender or the ascending English
open auction generates higher revenue for the seller. Using a unique set of data for land …
open auction generates higher revenue for the seller. Using a unique set of data for land …