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Purchase of Development Rights and the Economics of Easements - By order only
Reviews easement programs in practice, easement valuation issues, the role of private land trusts, and relative values of farmland. Focuses on the underlying economics of easements: financing, pricing, and allocation.

Keywords: development rights, easements, externalities, option value, tax burden, zoning

ID: ERSAER718 (aka AER718 AER718 AER 718 AER-718)

Authors: Henry Buist, Carolyn Fischer, John Michos, and Abebayehu Tegene
28 pp
Publication Date: 6/1/1995
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