Feasibility of green auctions in the Marosszög, Hungary

A major goal within the 2013 reform of the EU Common Agricultural Policy (CAP) is “greening” of farming activities (that is land use change to environmentally more beneficial farming practices). The CAP provides direct incentives for such activities by means of green subsidies. This note summarise the results of an “auction game” testing the farmer’s motivation for using one of the specific instruments of that greening policy. Read more… (András Kis and Gábor Ungvári)