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Abstract
To mitigate adverse effects on ranchers from reduced access to public forage, financial or other forms of ‘compensation’ may be required. In this paper, we use results from a survey of Nevada ranchers to examine ranchers’ 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 AUM 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 on to an heir.