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 (Tuesday, 1st week, Hilary 2019)
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