Military Readiness and Environmental Protection through Cost-effective Land Conservation

Kent Messer (), Maik Kecinski, Zhuo Liu, Mary A. Korch and Thomas Bounds

Land Economics, 2016, vol. 92, issue 3, 433-449

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-codes: Q57 Q58 (search for similar items in EconPapers)
Date: 2016
Note: DOI: 10.3368/le.92.3.433
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:92:y:2016:i:3:p:433-449

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