Document


Title

Landowner and land trust agent preferences for conservation easements: implications for sustainable land uses and landscapes
Document Type: Journal Article
Author(s): C. T. Bastian; C. M.H. Keske; D. M. Mcleod; D. L. Hoag
Publication Year: 2017

Cataloging Information

Keyword(s):
  • Agreements
  • biodiversity conservation
  • conservation
  • conservation easements
  • Decision
  • Emerging Environmental Market
  • Motivations
  • participation
  • Programs
  • Property-Rights
  • Search Costs
  • Stated Choice Experiment
  • valuation
Record Maintained By:
Record Last Modified: June 1, 2018
FRAMES Record Number: 55393
Tall Timbers Record Number: 33406
TTRS Location Status: Not in file
TTRS Call Number: Available
TTRS Abstract Status: Okay, Fair use

This bibliographic record was either created or modified by the Tall Timbers Research Station and Land Conservancy and is provided without charge to promote research and education in Fire Ecology. The E.V. Komarek Fire Ecology Database is the intellectual property of the Tall Timbers Research Station and Land Conservancy.

Description

Conservation easements offer sustainable land use and environmental conservation through land use restrictions. Opportunities exist to improve the efficiency by which parties interested in conservation easement transactions are matched, which may contribute to the overall protection of agricultural landscapes. This study utilizes stated choice questions to elicit preferences for conservation easements by both landowners, as potential easement suppliers, and land trust professionals as potential easement demanders. A random utility model is estimated for landowners and for land trust professionals. Results indicate both preference overlap and preference divergence between these two sets of respondents. Significant opportunities exist to reduce search and transactions costs, improve easement acceptance, and increase environmental protection via increased transaction frequency of conservation easements in this emerging market. When negotiating with landowners, land trusts need to be aware of concerns related to issues such as managerial control, public access, lack of trust, and financial compensation. Moreover, heterogeneity amongst participants regarding these issues suggests some agricultural landowners may be more or less concerned about these issues. © 2016 Elsevier B.V. All rights reserved.

Online Link(s):
Citation:
Bastian, C. T., C. M. H. Keske, D. M. Mcleod, and D. L. Hoag. 2017. Landowner and land trust agent preferences for conservation easements: implications for sustainable land uses and landscapes. Landscape and Urban Planning, v. 157, p. 1-13. 10.1016/j.landurbplan.2016.05.030.