Buying environmental services from private landholders using tendering mechanisms are usuallysubject to a budget constraint. Auction theory has mostly focused on target-constrained auctionsand is not well developed for this type of auction. This paper examines the predictive capacity of asimple...

Policy makers aiming to get private landholders to provide non-marketed environmental services need to provide efficient economic incentives. Two ideas have been explored to achieve this: linking contract payments to environmental outcomes and putting the contracts up for tender. This paper...

This paper explores two ideas to enhance the performance of agri-environmental contracting schemes: linking contract payments to environmental outcomes and putting the contracts up for tender. This paper investigates whether there are any gains to be had by combining the benefits of both...