The United States Department of Agriculture’s Conservation Reserve Program (CRP) has evolved from near open enrollment, to competitive enrollment, and now to a mixture of competitive and targeted enrollment. This paper reviews the history of the CRP and the evolution of its enrollment mechanism. I discuss the use of bid caps and the Environmental Benefits Index bid ranking mechanism in the “general” CRP; and the use of highly targeted, but non-competitive, “continuous” CRP. Possible challenges of these designs are discussed, and alternative auction mechanisms are considered that could be more cost effective.
Authors and Publishers
Hellerstein, Daniel M.
Land Use Policy is an international and interdisciplinary journal concerned with the social, economic, political, legal, physical and planning aspects of urban and rural land use. It provides a forum for the exchange of ideas and information from the diverse range of disciplines and interest groups which must be combined to formulate effective land use policies.
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