This paper describes the results of a choice experiment measuring social benefits for sustainable management practices and agricultural land preservation. Sustainable management is conceptualized with three illustrative practices that impact water quality, carbon sequestration, and soil erosion:...

The study reports data from an economic choice experiment to determine the likely welfare impacts of hydraulic fracturing, in this case using natural gas extracted by hydraulic fracturing for household electricity. Data were collected from an Internet survey of 515 residents of New York State....

This study presents an empirical model of the impacts of agricultural and urban returns on farmland value. The model allows the marginal impacts of parcel characteristics to vary nonlinearly over space with an endogenous smooth transition between urban fringe and rural areas. The estimation...

This article offers the first national examination of the determinants of adoption of wind and solar energy generation on U.S. farming operations. The inclusion of state policies and characteristics in a multilevel modeling approach distinguishes this study from past research utilizing logit...

This research uses economic experiments to examine the effectiveness of reverse auction institutions in an endogenous dynamic entry setting. Induced values are used to compare behavior in dynamic and static auction structures. Past research on this topic has understudied dynamic elements such as...

This paper examines how auctions for ecosystem services introduce adverse selection, limiting cost-effectiveness. Induced-value experiments test theory and examine the extent of adverse selection in these markets. In comparison to the baseline of either doing nothing or the optimality of an...