Natural resource management organisations in Australia routinely establish resource condition targets in their regional plans/catchment strategies. We reviewed biodiversity, water and community resource condition targets set by Catchment Management Authorities (CMAs) in Victoria and New South...

We argue that previous assessments of discriminatory-price conservation auctions may have systematically overestimated their performance relative to uniform-payment schemes due to an inappropriate counterfactual comparison. We demonstrate that the cost curve (and not the bid curve) is the...

Distributional equity concerns are often at least as important as economic efficiency and ecological sustainability in environmental and natural resource management policies. Until recently, however, economists have shied away from tackling equity issues, primarily because equity appeared as a...

Policy makers aiming to get private landholders to supply non-marketed environmental services may need to provide efficient economic incentives. Two ideas have been explored to achieve this: linking contract payments to environmental outcomes and submitting the contracts to competitive tender....

This paper has been published in a peer-reviewed journal as: Rogers, A., Kragt, M.E., Gibson, F., Pannell, D.J., Burton, M. & Petersen, L. (2013) Non-market valuation: praise, protest and impact in environmental policy. Australian Journal of Agricultural and Resource Economics. Online 5 November...