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Allocating Nevada's Natural Resources: Examining Bidder Behavior in Bureau of Land Management Auctions |
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A multitude of natural resources in Nevada (such as public lands and wild horses) are allocated via auctions whereby the individual who places the highest bid obtains ownership rights and pays a price determined by the associated auction rules. Despite the widespread use of auctions to allocate Nevada's valuable natural resources, surprisingly little is known about the historical performance and design of BLM sales in the state. This project is designed to fill these gaps by gathering historical data on the structure of BLM auctions and the factors that influnece the allocation (and sale price) of the state's natural resources.
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Michael Price, Department of
Resource Economics |
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TOP STORY
Thursday, April 10, 2008
Silver and blue make green at new greenhouses
The new $6.2 million greenhouse complex off Valley Road, offers impressive accommodations for the college’s environmental research, each of the six greenhouses is 96 feet long and 30 feet wide. The buildings are anchored to a 12,000-square-foot headhouse.
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