Effect of Information Disclosure Policies in Conservation Auctions: Role of Landscape Configuration

<h3>Abstract</h3> 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.

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Publication Details

Journal
Land Economics
Published
2024-08-20
DOI
https://doi.org/10.3368/le.101.1.032824-0031r
Primary Topic
Auction Theory and Applications
Type
article
Field-Weighted Citation Impact
0.00

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article

Effect of Information Disclosure Policies in Conservation Auctions: Role of Landscape Configuration

Uwe Latacz‐Lohmann, Chi Nguyen
Land Economics
Auction Theory and Applications
article

Effect of Information Disclosure Policies in Conservation Auctions: Role of Landscape Configuration

Uwe Latacz‐Lohmann, Chi Nguyen
article en

Abstract

<h3>Abstract</h3> 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.

Land EconomicsVol. 101(1)
The University of Western Australia (AU), Hochschule für Angewandte Wissenschaften Kiel (DE), Christian-Albrechts-Universität zu Kiel (DE), Clinical Research Center Kiel (DE)
European Commission
Life in Land
Openalex Percentile: Top 83%
Auction Theory and Applications
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