The necessity to develop a priority system to guide the allocation of resources to the conservation of endangered species is widely recognized. The economic theory of biodiversity has established a framework to do so, and has identified priority criteria that should be considered when making...

The Endangered Species Act (ESA) is one of the most controversial pieces of environmental legislation. Part of the controversy stems from doubts about its effectiveness in generating improvements in species viability. This paper uses ordered probit models to test whether the ESA has been...

We empirically investigate the effects of the Northwest Forest Plan on two widely-used economic indicators: employment growth and net migration. We find weak evidence that that setting aside 10 million acres of productive forest land for biodiversity protection had a large, but short-lived...

The regulation of nonpoint source water pollution from agriculture is a complex problem characterized by a multiplicity of polluters, informational asymmetries, complex fate and transport processes, and stochastic environmental factors. Taken together, these characteristics make regulatory...

This study investigates the influence of social preferences on voting decisions using a new Random Price Voting Mechanism (RPVM), which is best thought of as a public goods voting extension of the Becker-DeGroot-Marshack mechanism for private goods. In particular, this mechanism is used to...

In this paper we build on a voluntary mechanism introduced by Segerson and Wu (2006) that uses the threat of an ambient tax to induce nonpoint source polluters to reduce emissions. In addition to reviewing Segerson and Wu's policy, we propose a new voluntary/threat policy that offers some...