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Land Trade and Development: A Market Design Approach
Note that this seminar is to be held on TUESDAY
Smallfarmsandfragmentedplotsarehallmarksofagricultureinless-developedcountries, and there is evidence of high returns to land consolidation and reallocation. Complementarities,holdoutandasymmetricinformationmeanthatprivatetradewill be slow to reallocate land, and imply that market design has the potential to contribute to the development process. Complexity concerns are, however, paramount. We present results from a framed field experiment with Kenyan farmers, comparing the performance of several continuous-time land exchanges. Farmers are able to achievehighdegreesofefficiency,andtocomprehendandgainfromarelativelycomplicated package exchange.
Written with Jonathan de Quidt (IIES, Stockholm, and CESifo), Tom Wilkening and Nitin Yadav (both University of Melbourne)
Date:
15 January 2019, 12:30
Venue:
Manor Road Building, Manor Road OX1 3UQ
Venue Details:
Lecture Theatre
Speaker:
Gharad Bryan (London School of Economics)
Organising department:
Department of Economics
Organisers:
Margaryta Klymak (Department of International Development),
Rossa O'Keeffe-O'Donovan (Nuffield College),
Michael Koelle (Pembroke College)
Organiser contact email address:
suzanne.george@economics.ox.ac.uk
Part of:
CSAE Lunchtime Seminars
Booking required?:
Not required
Audience:
Public
Editors:
Anne Pouliquen,
Suzanne George,
Melis Clark