@article{Schilizzi:124442,
      recid = {124442},
      author = {Schilizzi, Steven},
      title = {How can we evaluate conservation auctions? Three Possible  methods},
      address = {2012-02},
      number = {423-2016-26974},
      pages = {17},
      year = {2012},
      abstract = {By design, tenders are used when costs are unknown. But if  costs are unknown, how can we evaluate the tenders, when  their evaluation involves measuring their  cost-effectiveness? We identify three approaches:  theoretical, empirical and experimental. We first use  experimental data to compare the efficiency of each  approach, then apply the most efficient one to field data  from the Scottish fishing vessel decommissioning program.  We estimate the potential errors one would make in using a  less efficient approach. In this case, we demonstrate a  novel use of controlled lab experiments for interpreting  field data and evaluating policy effectiveness.},
      url = {http://ageconsearch.umn.edu/record/124442},
      doi = {https://doi.org/10.22004/ag.econ.124442},
}