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We evaluate the impact of three auction mechanisms – the Becker–DeGroot–Marschak (BDM) mechanism, the second-price auction (SPA), and the random nth-price auction (NPA) – in the measurement of private willingness-to-pay and willingness-to-accept for a pure public good. Our results show...
Persistent link: https://www.econbiz.de/10011162127
Improving information about individual opportunity costs of deforestation agents has the potential to increase the efficiency of REDD when it takes the form of a payment for environmental services scheme. However, objectives pursued in REDD projects may vary across policy makers. Within a...
Persistent link: https://www.econbiz.de/10010754230
The first phase of the REDD+ mechanism consists of helping countries to improve their capacity to carry out national forest inventories, notably to assess land-use changes and forest carbon stocks and fluxes. However, there might be some links between the funding of this first phase and the...
Persistent link: https://www.econbiz.de/10010755886
Agricultural expansion is the main deforestation driver, while forest degradation is due to non-sustainable poaching and harvesting of forest products. Policies to reduce emissions from deforestation and forest degradation (REDD) thus focus on agricultural expansion and illegal harvesting. The...
Persistent link: https://www.econbiz.de/10010755888