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This paper explores preferences for use and sale of three types of agricultural land in Sublette County, Wyoming. Most respondents agreed that productive (irrigated) landscapes should remain in agriculture. Well-established residents, large landowners, and those pursuing low taxes preferred...
Persistent link: https://www.econbiz.de/10005038546
The Double-Bounded Dichotomous- Choice (DB-DC) Contingent Valuation format is thought to yield more precise welfare estimates. Questions remain about its validity. The initial bid may represent information with which respondents update their willingness to pay. A Bayesian model of respondent...
Persistent link: https://www.econbiz.de/10008546256
Ascribing agricultural land values solely to productive capacity does not accurately capture the impact of environmental amenities on western land prices. We analyze rural land prices in Wyoming using a hedonic price model. Geographic information systems data includes on-parcel wildlife and fish...
Persistent link: https://www.econbiz.de/10010662734