Replaced with revised version of paper 07/20/11.

Many rural landowners within the Western United States do not have access to a secure water supply provided by a major dam or an irrigation district. Such water users must rely instead on groundwater pumping and/or seasonal water flows from tributaries. Some of these agricultural producers...

Funds available to purchase land and easements for conservation purposes are limited. This article provides a targeting strategy for protecting multiple environmental benefits that includes heterogeneity in land costs and probability of land-use conversion, by incorporating spatially explicit...

Purchasing development rights is a major mechanism for the protection of environmental quality and landscape amenities. This paper provides a targeting strategy for protecting multiple environmental benefits that takes into account land costs and probability of land use conversion. We compare...

Minimum lot size zoning requirements are a frequent policy tool used to restrict the density and location of residential development. Zoning regulations are typically instituted and adopted locally, often with limited input from surrounding jurisdictions. Autonomous local land use regulations...

This article investigates how land-use regulations differentially influence suburban versus rural-residential development. Particular emphasis is placed on how both the provision of municipal services (e.g., sewer and water) and zoned maximum density constrain higher-density residential...

An integrated bioeconomic model is built based on an individual-based simulation model and a stock assessment model for the Chesapeake Bay blue crab fishery. The resulting model is able to not only compare alternative management scenarios being considered by policy makers in terms of both...

This paper argues that the subjective expected utility (SEU) hypothesis has serious limitations in both positive and normative analysis. In addition to experimental evidence, we discuss examples where alternatives to the SEU model provide a richer framework for the study problems of choice under...

Legal issues in environmental policy are considered, as well as property rights and voluntary regulations. Taxation, Fines, and Producer Liability Rules: Efficiency and Market Structure Implications Stephen Hamilton, Kansas State University. Regulatory Takings and the Diminution of Value: A...

In the standard economic model of cap and trade policies, the regulator is assumed to place zero value on pollution reductions below the cap. This paper considers an alternative case, where the policy makers can manipulate the rules of the program to achieve improved environmental performance....