Three-Stage TSARs, Interdependent Values, and Biodiversity Production on Private Lands
提出一个三阶段激励相容、预算平衡的机制，帮助监管者在多个价值相互依赖的土地所有者之间分配生物多样性保护责任，并激励他们如实报告机会成本并遵守保护义务。
We propose a static three-stage incentive-compatible, budget-balanced, execution-contingent mechanism for a regulator to allocate biodiversity-protection responsibilities across a landscape mosaic with multiple value-interdependent owners. The mechanism motivates owners to truthfully report their opportunity costs of protection to the regulator and comply with their assigned habitat protection responsibilities.