Affordable Access

Publisher Website

Amenity driven price effects and conservation reserve site selection: A dynamic linear integer programming approach

Ecological Economics
Publication Date
DOI: 10.1016/j.ecolecon.2011.06.015
  • Reserve Design
  • Biological Conservation
  • Amenity Price Effects
  • Uncertainty
  • Site Selection
  • Integer Programming
  • Computer Science
  • Design
  • Ecology
  • Economics
  • Mathematics


Abstract Most conservation reserve design models presented in the literature are static and ignore the dynamic economic aspects of site selection. Typically conservation programs operate under time-related (e.g. annual) budgets and purchase land over time in a sequential manner. The uncertainty of land development has been incorporated in a few dynamic reserve selection formulations using stochastic dynamic programming. However, the existing formulations do not explicitly deal with inter-temporal price and location linkages. We address this issue here and present a two-period linear integer programming model for conservation reserve design that incorporates amenity driven price feedback effects inherent in the reserve development problem. In addition, the model includes spatial and ecological criteria. We then use this model to answer the question “How suboptimal is ignoring amenity driven price effects in reserve design models?” We apply the model to artificially generated data sets and compare the results with the results of an iterated static model that considers only one period at a time. We find that the dynamic model with price feedback effects selects sites at a lower per-site cost. The policy implication of this finding is that conservation programs should avoid purchasing land in the same neighborhood over multiple time periods.

There are no comments yet on this publication. Be the first to share your thoughts.


Seen <100 times

More articles like this

Integer linear programming approaches for non-uniq...

on Discrete Applied Mathematics Jan 01, 2007

Dynamic reserve site selection

on Resource and Energy Economics Jan 01, 2004

Average shadow price in a mixed integer linear pro...

on European Journal of Operationa... Jan 01, 1995

A novel 0-1 linear integer programming model for d...

on Journal of Manufacturing Syste...
More articles like this..