Webinar: Options for Improving Conservation Programs
Date: Wednesday, March 25, 2015
Time: 1:00 PM EST
Duration: 1 hour
Host: Daniel Hellerstein and Nathaniel Higgins
In this webinar, researchers Daniel Hellerstein and Nathaniel Higgins discussed voluntary conservation programs' enrollment mechanisms. They focused on auctions: how they currently are used and how they can be used. Dan and Nate took the reverse auction used by the Conservation Reserve Program as an interesting example, and delved into one of its main features: the use of a bid cap. They provided evidence that highlights drawbacks of bid caps, and presented experimental findings on alternative auction designs that may have provided more cost-effective outcomes. This presentation is based on the following ERS report:Options for Improving Conservation Programs: Insights from Auction Theory and Economic Experiments
View the recorded and closed-captioned webinar.