Recover Password  New User
Undergraduate Research Project Management System

A Study on Hybrid Allocation Mechanisms for Alaska Sheep Hunting Permits

Status Complete
Seeking Researchers No
Start Date 09/01/2007
End Date 06/30/2007
Funding Source Undergraduate Research in the Community Award
Funding Amount
Community Partner
Related Course
Last Updated 07/05/2008 01:25AM
Keywords

People

Faculty
  Lance Howe

Student Researchers
  Donald Ballard

Abstract

The state of Alaska currently distributes permits for high demand sheep hunting areas using a lottery mechanism.  Due to changing conditions and demographics within the state ordinary lotteries are becoming impractical due to their inherent inefficiencies.  Adding an auction element to the current lottery system could improve the efficiency of sheep hunting permit distribution.  This study investigates if such a hybrid system could improve permit distribution efficiency by insuring that permits go to the hunters who value them most while at the same time capturing a greater portion of the value of the permits. The goal of this project is to gather field data that can be used to estimate a demand curve for sheet hunting permits.  Such data could allow estimation of revenue and equilibrium prices for sheep hunting permits at auction.  Equilibrium prices could then be used to calculate the optimum ratio of permits to auction out versus distribute in a lottery.  Such prices would also be used to predict the feasibility and potential social impact of the implementing such a system.

Shared Project Files (e.g. papers, presentations)

File name Description Uploaded by