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Resolving Range Conflict in Nevada? Buyouts and Other Compensation Alternatives
Author(s) -
Kooten G. Cornelis,
Thomsen Roy W.,
Hobby Tom
Publication year - 2006
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.1111/j.1467-9353.2006.00319.x
Subject(s) - compensation (psychology) , range (aeronautics) , business , engineering , psychology , aerospace engineering , psychoanalysis
To mitigate the adverse effects of reduced access to public forage, ranchers may require financial or other forms of “compensation.” In this paper, we use results from a survey of Nevada ranchers to examine their willingness to sell grazing permits and participate in other schemes that enable them to continue ranching in spite of declining access to public forage. On average, ranchers demand $255 per animal unit month to sell grazing permits, while support for other programs, some of which are performance based, depends on whether respondents trust public agencies and intend to pass their ranch onto an heir.