ALLOCATING LAND TO NEW YORK'S CONSERVATION RESERVE ENHANCEMENT PROGRAM TO MAXIMIZE NET ENVIRONMENTAL BENEFITS
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A programming model is used to assess the welfare effects of regional and practice specifications contained in New York State's Draft Conservation Reserve Enhancement Program (CREP) proposal. Net social benefits are nearly 75% lower than options that explicitly account for opportunity costs of production, environmental benefits, and participation response functions.
Keywords: benefit cost analysis, conservation programs, participation, linear programming