Tenant favoritism and right of first refusals in farmland auctions: competition and price effects

L Isenhardt, S Seifert, S Hüttel - Land Economics, 2023 - le.uwpress.org
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 …

On the price effect of a right-of-first-refusal in farmland auctions

L Isenhardt, S Seifert, S Hüttel - 2021 - ageconsearch.umn.edu
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 …

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 …

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 …

Is there a risk of a winner's curse in farmland auctions?

S Seifert, S Hüttel - European Review of Agricultural Economics, 2023 - academic.oup.com
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 …

[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 …

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 …

Optimal reserve prices for land auctions in Eastern Germany

M Kionka, O Mußhoff, M Ritter… - Applied Economics …, 2024 - Taylor & Francis
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 …

[PDF][PDF] Provision point reverse auction: A new auction mechanism with applications for conservation contracts

S Otto, G Poe, D Just - Journal of Agricultural and Resource …, 2021 - ageconsearch.umn.edu
Rent-seeking behavior by participants in payment for environmental services auctions
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 …