In this article we present a model to examine the optimal location, size, and budget of open space conservation and the resulting impact on land values and local fiscal conditions in an urban area. Results indicate that open space conservation can transform the defining features of an urban...

Containing the ill effects of urban sprawl has become a cause celebre for many citizens who are experiencing a decline in the quality of life in the country's cities and suburban areas. Armed with smart growth principles, the new urbanists and many environmentalists advocate the return to more...