What do economists know about land-and how they know? The Oxford Handbook of Land Economics describes the latest developments in the fields of economics that examine land, including natural resource economics, environmental economics, regional science, and urban economics. The handbook argues,...

Since 1982, the New Castle County Superior Court in Delaware has promoted mediation, which attempts to resolve filed conflicts prior to trial. This paper evaluates how spatial land-use conflicts channel through mediation and litigation. Data suggest that mediations fail because one of the key...

This paper describes four innovative farmland preservation techniques and gauges support through interviews of key stakeholders: program administrators, lawmakers, and landowners. Four techniques were selected for assessment from approximately 30 novel techniques: rights of first refusal; term...

Can Delaware's agriculture coexist (and prosper) in the face of competing land uses over the next twenty years? We believe that maintaining Delaware's agriculture as a viable land-use alternative depends on the success in addressing three critical challenges. First, will residential, commercial,...

Economists frequently assess willingness to pay (WTP) for land preservation outcomes independent of information regarding policy implementation. The public, however, may not only be concerned with the consequences of land management, but also may have systematic preferences for policy procedures...

This paper investigates causation contemporaneously and over time to elucidate the persistent lack of agreement about what "causes" changes in farmland prices. Using recently developed causal modeling framework of directed acyclic graphs (DAGs) and cointegrated (VAR) techniques, the assumed...

Public preferences for nonmarket services of preserved land in Delaware are measured using two survey techniques. The results of a conjoint experiment, using a sample of 199 Delawareans, suggest that the environmental and agricultural attributes of preserved land are most important to the...

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...

The distributional effects of three water policies are compared using spatial data from New Castle County, Delaware. The analysis reveals that a 591 percent increase in the marginal price of water achieves the same 25 percent reduction in consumption as rationing and mandatory restrictions....