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 evaluates land preservation and conservation programs by examining the performance of a discriminative auction that is often used to select parcels in the U.S. The paper hypothesizes that the auction is unlikely to be cost effective because an information asymmetry introduces adverse...

This paper examines equilibrium properties of local jurisdictions implied by the Tiebout-style model. A set of equilibrium conditions are derived from a general equilibrium model of local jurisdictions. The conditions are parameterized and empirically estimated in a two-stage procedure. The...

Resource purchasing funds have become a major tool for environmental protection and resource conservation. These funds use various strategies to target resources for environmental conservation, the choice of which may lead to striking differences in environmental performance. This paper develops...

There is broad concern that humans are transforming our environment. This transformation has potential to impact humanity as we depend on the environment ecosystem services. According to the Millennium Assessment (2005), degradation and unsustainable exploitation presently threaten over 60% of...

There is broad concern that humans are transforming our environment. This transformation has potential to impact humanity as we depend on the environment ecosystem services. According to the Millennium Assessment (2005), degradation and unsustainable exploitation presently threaten over 60% of...

This study compares the environmental and economic effects of alternative targeting strategies (benefit, cost, and benefit-cost ratio targeting) for reducing nitrate-N water pollution in the Des Moines Watershed in Iowa. The objective is achieved by applying an integrated modeling system to...

In the last 20 years, both public and private expenditures on resource conservation and environmental protection have increased dramatically. However, there are numerous technical and political barriers to the efficient use of conservation funds. This paper discusses some of these barriers and...