Juutinen, Artti; Mäntymaa, Erkki; Ollikainen, Markku - In: Journal of Forest Economics 19 (2013) 2, pp. 128-148
We examine landowners’ conservation motives, conservation costs and information rents in environmental bidding systems … the Faustmann landowners receive information rents, on average 55% of the rental payments. For the Hartman landowners the … high conservation costs of old stands result in low information rents; they are only 13% of the rental payments. This …