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Essays on Conservation Auctions and ...

Otto, Steven Gregory.

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Essays on Conservation Auctions and Uncertainty in Preferences.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Essays on Conservation Auctions and Uncertainty in Preferences./
Author:	Otto, Steven Gregory.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2018,
Description:	131 p.
Notes:	Source: Dissertations Abstracts International, Volume: 80-03, Section: A.
Contained By:	Dissertations Abstracts International80-03A.
Subject:	Economics. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10840538
ISBN:	9780438342699

Essays on Conservation Auctions and Uncertainty in Preferences.
Otto, Steven Gregory.

Essays on Conservation Auctions and Uncertainty in Preferences. - Ann Arbor : ProQuest Dissertations & Theses, 2018 - 131 p.

Source: Dissertations Abstracts International, Volume: 80-03, Section: A.

Thesis (Ph.D.)--Cornell University, 2018.

This item is not available from ProQuest Dissertations & Theses.

This dissertation includes two chapters. The first presents a new auction mechanism designed for conservation programs. Individuals compensated for conserving their land often extract substantial profits from the government or non-governmental agency funding the conservation program. These rents limit the amount of land which can be conserved, which decreases total surplus for society. The new auction mechanism, the Provision Point Reverse Auction, was designed to mitigate this rent-seeking behavior. This paper presents both theoretical and experimental evidence to substantiate the efficacy of the mechanism. The second chapter considers the effect that preference uncertainty may have on two commonly observed behavioral anomalies: exchange asymmetries and the willingness-to-accept/willingness-to-pay disparity. This paper provides both theoretical and experimental evidence which suggests that uncertainty in preferences can explain at least part of these behavioral anomalies. The experiments rely on chocolate and a ``taste'' treatment, where individuals in a treatment group are allowed to taste a small amount of chocolate before making their trade or valuation decisions.

ISBN: 9780438342699Subjects--Topical Terms:

517137
Economics.

Essays on Conservation Auctions and Uncertainty in Preferences.
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100 1 $a Otto, Steven Gregory. $3 3434813
245 1 0 $a Essays on Conservation Auctions and Uncertainty in Preferences.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2018
300 $a 131 p.
500 $a Source: Dissertations Abstracts International, Volume: 80-03, Section: A.
500 $a Publisher info.: Dissertation/Thesis.
500 $a Advisor: Just, David R.
502 $a Thesis (Ph.D.)--Cornell University, 2018.
506 $a This item is not available from ProQuest Dissertations & Theses.
506 $a This item must not be added to any third party search indexes.
506 $a This item must not be sold to any third party vendors.
520 $a This dissertation includes two chapters. The first presents a new auction mechanism designed for conservation programs. Individuals compensated for conserving their land often extract substantial profits from the government or non-governmental agency funding the conservation program. These rents limit the amount of land which can be conserved, which decreases total surplus for society. The new auction mechanism, the Provision Point Reverse Auction, was designed to mitigate this rent-seeking behavior. This paper presents both theoretical and experimental evidence to substantiate the efficacy of the mechanism. The second chapter considers the effect that preference uncertainty may have on two commonly observed behavioral anomalies: exchange asymmetries and the willingness-to-accept/willingness-to-pay disparity. This paper provides both theoretical and experimental evidence which suggests that uncertainty in preferences can explain at least part of these behavioral anomalies. The experiments rely on chocolate and a ``taste'' treatment, where individuals in a treatment group are allowed to taste a small amount of chocolate before making their trade or valuation decisions.
590 $a School code: 0058.
650 4 $a Economics. $3 517137
650 4 $a Agricultural economics. $3 3172150
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773 0 $t Dissertations Abstracts International $g 80-03A.
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856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10840538