Applying Optimization and the Analytic Hierarchy Process to Enhance Agricultural Preservation Strategies in the State of Delaware
Using agricultural preservation priorities derived from an analytical hierarchy process by 23 experts from 18 agencies in the State of Delaware, this research uses weighted suitability attributes to evaluate the historical success of the State of Delaware’s agricultural protection fund, which spent nearly $100 million in its first decade. This research demonstrates how these operation research techniques can be used on concert to address relevant conservation questions. Results suggest that the state’s sealed-bid-offer auction, which determines the yearly conservation selections, is superior to benefit targeting approaches frequently employed by conservation organizations but is inferior to the optimization technique of binary linear programming that could have provided additional benefits to the state, such as 12,000 additional acres worth an estimated $25 million.
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Web page: http://www.lerner.udel.edu/departments/economics/department-economics/
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- Duke, Joshua M., 2004. "Participation in Agricultural Land Preservation Programs: Parcel Quality and a Complex Policy Environment," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 33(1), April.
- Babcock, Bruce A. & Lakshminarayan, P. G. & Wu, J. & Zilberman, David, 1997. "Targeting Tools for the Purchase of Environmental Amenities," Staff General Research Papers 5220, Iowa State University, Department of Economics.
- Kline, Jeffrey & Wichelns, Dennis, 1998. "Measuring heterogeneous preferences for preserving farmland and open space," Ecological Economics, Elsevier, vol. 26(2), pages 211-224, August.
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