This paper assesses the potential for function based benefit transfer to inform farmland preservation policy, with emphasis on distinctions between welfare estimation and policy prioritization. Data are drawn from a parallel choice experiments implemented in six communities and statewide in...

Although mixed logit models are common in stated preference applications, resulting welfare estimates can be sensitive to minor changes in specification. This can be of critical relevance for policy and welfare analysis, particularly if policymakers are unaware of practical implications. Drawing...

Newer residents of rural, urban-fringe communities are often assumed to have preferences for the development and conservation of rural lands that differ from those of longer-term residents. The existing literature offers little to verify or quantify presumed preference shifts. This paper...

This paper reports on a contingent choice study in which residents of a rural Rhode Island community were asked to express their preferences for packages of growth management outcomes, where surveys presented both spatial and non-spatial attributes of growth management outcomes. Survey results...

We examine challenges and opportunities involved in applying ecosystem services to public land management with an emphasis on national forests in the United States. We review historical forest management paradigms and related economic approaches, outline a conceptual framework defining the...

Although mixed logit models are common in stated preference applications, resulting welfare estimates can be sensitive to minor changes in specification. This can be of critical relevance for policy and welfare analysis, particularly if policymakers are unaware of practical implications. Drawing...

The following paper outlines a new econometric model designed to capture both the temporal and spatial dynamics of housing prices. The paper combines existing spatial econometric techniques with a model that allows parameters to evolve over time. In addition, we provide an empirical application...

According to Ricardian rent theory, the value of farm assets is equal to the discounted present value of future expected net rents from farm returns, and the discounted expected value of the land if converted to nonfarm development. Some recent research has considered modifying this standard...

This paper analyzes potential cost savings to the U.S. agricultural sector associated with applying marketable permit designs for methyl bromide critical use exemptions (CUE), under the phase-out of methyl bromide. A necessary condition for an efficient trading system is heterogeneity among...