Pacific Southwest

Title: Oak woodland economics: a contingent valuation of conversion alternatives

Author: Thompson, Richard P.; Noel, Jay E.; Cross, Sarah P.

Date: 2002

Source: In: Standiford, Richard B., et al, tech. editor. Proceedings of the Fifth Symposium on Oak Woodlands: Oaks in California's Challenging Landscape. Gen. Tech. Rep. PSW-GTR-184, Albany, CA: Pacific Southwest Research Station, Forest Service, U.S. Department of Agriculture: 501-510

Station ID: GTR-PSW-184

Description: Decisions on how much land should be devoted to oak woodland preservation is ultimately determined by society's valuation of its benefits and relative scarcity. Scarcity value can be measured by people's willingness-to-pay (WTP) to prevent oak woodland conversion to higher value land uses. In this study, we used the contingent valuation (CV) method to estimate WTP for oak woodland preservation in San Luis Obispo County (over 700,000 acres). Estimates ranged between $75 and $83 per voter, providing only about $12 million for land or easement purchases.

Keywords: 

View and Print this Publication (460 KB)

Publication Notes: 

• We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
• This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
• You may send email to pubrequest@fs.f ed.us to request a hard copy of this publication. (Please specify exactly which publication you are requesting and your mailing address.)

 Get the latest version of the Adobe Acrobat reader or Acrobat Reader for Windows with Search and Accessibility

Citation

Thompson, Richard P.; Noel, Jay E.; Cross, Sarah P.  2002.  Oak woodland economics: a contingent valuation of conversion alternatives.   In: Standiford, Richard B., et al, tech. editor. Proceedings of the Fifth Symposium on Oak Woodlands: Oaks in California's Challenging Landscape. Gen. Tech. Rep. PSW-GTR-184, Albany, CA: Pacific Southwest Research Station, Forest Service, U.S. Department of Agriculture: 501-510.