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Military Readiness and Environmental Protection through Cost-effective Land Conservation

Military Readiness and Environmental Protection through Cost-effective Land Conservation ABSTRACT: Harboring a high density of threatened and endangered species on its bases leaves the U.S. Department of Defense (DoD) with a critical responsibility: establishing sound environmental policies while also continuing training and ensuring military readiness. This dual objective is the goal of the Readiness and Environmental Protection Integration program, a large conservation fund for military installations that is mandated to be cost-effective. Analyzing a unique DoD data set, we show that use of optimization models generates a 21% increase in military readiness and environmental protection or achieves the same benefits as benefit targeting at a cost saving of 37%. ( JEL Q57, Q58 ) http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Land Economics University of Wisconsin Press

Military Readiness and Environmental Protection through Cost-effective Land Conservation

Land Economics , Volume 92 (3) – Jul 7, 2016

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Publisher
University of Wisconsin Press
Copyright
Copyright by the Board of Regents of the University of Wisconsin System.
ISSN
1543-8325
Publisher site
See Article on Publisher Site

Abstract

ABSTRACT: Harboring a high density of threatened and endangered species on its bases leaves the U.S. Department of Defense (DoD) with a critical responsibility: establishing sound environmental policies while also continuing training and ensuring military readiness. This dual objective is the goal of the Readiness and Environmental Protection Integration program, a large conservation fund for military installations that is mandated to be cost-effective. Analyzing a unique DoD data set, we show that use of optimization models generates a 21% increase in military readiness and environmental protection or achieves the same benefits as benefit targeting at a cost saving of 37%. ( JEL Q57, Q58 )

Journal

Land EconomicsUniversity of Wisconsin Press

Published: Jul 7, 2016

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