Patterns of multi-agent land conservation: Crowding in/out, agglomeration, and policy

Heidi J. Albers, Amy W. Ando, Michael Batz

Research output: Contribution to journalArticlepeer-review

Abstract

Private agents make large contributions to networks of conserved land, but little is known about how private agents' decisions might be altered by government actions. This paper explores the impact of public conservation and public policy on the quantity and configuration of private land conservation and the extent to which the social optimum is reached. Because land conservation benefits often have thresholds and spatial characteristics, we consider the impact of different land conservation benefit functions on the patterns of conservation created by the interaction of private and public agents. We find that public conservation crowds private conservation in or out depending on whether marginal conservation benefits increase or decrease with total acreage, and crowding out is mitigated by the presence of budget constraints. We show how land conservation agents might interact strategically in space depending on preferences over fragmentation, and we explore that spatial strategic interaction in a case with a regional land trust and a case with hot-spot parcels. We identify when government policies, such as agglomeration bonuses and mitigating coordination costs, are most likely to increase the social benefits provided by private land conservation agents.

Original languageEnglish (US)
Pages (from-to)492-508
Number of pages17
JournalResource and Energy Economics
Volume30
Issue number4
DOIs
StatePublished - Dec 2008

Keywords

  • Biodiversity
  • Game
  • Land conservation
  • Land trust
  • Private
  • Spatial

ASJC Scopus subject areas

  • Economics and Econometrics

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