Conservation easements allow landowners to collect earnings from their land, while reducing their tax burdens because the land cannot be sold into development. Conservation assures open space amenities for nearby residents, however, the residents bear a tax increase that offsets the owner’s...

We use a laboratory experiment, calibrated to a representative New Zealand fishery, to assess three sealed-bid, multi-unit demand auction mechanisms under consideration for allocating quota for species being introduced into the Quota Management System. These auctions allocate the K units to the...