Auctions for Conservation Contracts: An Empirical Examination of Victoria’s BushTender Trial

By Gary Stoneham, Vivek Chaudhri, Arthur Ha, Loris Strappazzon

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A century ago in Australia food and fibre were scarce relative to the supply of habitat. Today the opposite could be argued. Governments now face the problem of encouraging landholders to provide public goods, such as habitat conservation, in the face of an economic environment that facilitates the production of private goods.