The Opportunity Cost Criterion for Land Allocation

The present trend to more quantitative analysis for public decisions on land allocation has included studies based on the opportunity cost criterion. This encouraging trend could be promoted through improved use of the criterion. Two important improvements are the analysis of uncertainty and the generation and analysis of a whole schedule of land use plans. The paper illustrates these improvements through empirical application of linear programming to two land use problems in New South Wales.


Issue Date:
1978-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/10301
Published in:
Review of Marketing and Agricultural Economics, Volume 46, Number 03
Page range:
275-293
Total Pages:
19




 Record created 2017-04-01, last modified 2017-08-23

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