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Essays on Conservation Auctions and ...

Otto, Steven Gregory.

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Essays on Conservation Auctions and Uncertainty in Preferences.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Essays on Conservation Auctions and Uncertainty in Preferences./
作者:	Otto, Steven Gregory.
出版者:	Ann Arbor : ProQuest Dissertations & Theses, : 2018,
面頁冊數:	131 p.
附註:	Source: Dissertations Abstracts International, Volume: 80-03, Section: A.
Contained By:	Dissertations Abstracts International80-03A.
標題:	Economics. -
電子資源:	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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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.
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