Discovery Projects - Grant ID: DP150104219

Funding Activity

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Funded Activity Summary

Designing for uncertainty in conservation auctions. Economic theory and case study evidence show that tenders or auctions are more efficient than grant mechanisms for encouraging landholders to produce environmental outcomes on private land. These studies have ignored the effects of uncertainty of both bidders and administrators about factors such as landholder participation and the level of environmental benefits that will be delivered. This project will test whether distributing environmental funds via tenders is still efficient when uncertainty about various important factors is considered. Results from this research are expected to inform the cost effective design of systems to pay landholders for the provision of environmental benefits even when there is high uncertainty.

Funded Activity Details

Start Date: 15-05-2015

End Date: 30-06-2019

Funding Scheme: Discovery Projects

Funding Amount: $370,600.00

Funder: Australian Research Council