Iftekhar, M.; Hailu, A.; Lindner, R. - In: Environmental & Resource Economics 53 (2012) 1, pp. 137-157
In an iterative combinatorial auction, bidders can submit bids on individual and/or on combinations of projects in a series of intermediate rounds, where bid prices are revised before a final allocation is made. The iterative format is useful for conservation service procurement as landholders...