An improved sequential auction with complementarity for pricing the construction land quota.

The paradox between idle homesteads in rural areas and the shortage of construction land in urban areas is concerning. Hence, local governments encourage farmers to reclaim their idle homesteads and farmlands to generate quota. However, the current quota price, which is based on the land reclamation...

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Bibliographic Details
Main Authors: Jingyu Liu, Weidong Meng, Yuyu Li, Bo Huang
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2020-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0241397