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Rancher Preferences for a Payment for Ecosystem Services Program in Southwestern Wyoming

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  • Hansen, Kristiana
  • Duke, Esther
  • Bond, Craig
  • Purcell, Melanie
  • Paige, Ginger
Abstract
The Upper Green River Basin in southwestern Wyoming provides critical habitat for many species with ecological and recreational significance, including mule deer and greater sage grouse. A recent energy boom has increased economic opportunities in the region but has also placed development pressures on biodiversity and ecosystem services. Ranchers in the basin place high importance on good stewardship of land and water resources and are amenable to providing ecosystem services on their land in exchange for additional revenue. We conduct a rancher survey in the region to elicit preferences on program design for a voluntary “Payment for Ecosystem Services” program focused on maintaining or enhancing high-quality wildlife habitat and hydrologic services. Choice experiment results indicate management practices that reduce ranch revenues require higher levels of compensation than those that do not. Ranchers report that target ecosystem service is more important to them than associated payment levels, though reservation prices tend to be high relative to land values. Overall, ranchers do not express a preference for shorter contract length but those planning to sell their ranch operations do. Fewer than 25% of ranchers are satisfied with current mitigation programs, suggesting room for improvement. Findings have been used to inform development of a market-based PES program in the region.

Suggested Citation

  • Hansen, Kristiana & Duke, Esther & Bond, Craig & Purcell, Melanie & Paige, Ginger, 2018. "Rancher Preferences for a Payment for Ecosystem Services Program in Southwestern Wyoming," Ecological Economics, Elsevier, vol. 146(C), pages 240-249.
    • Handle: RePEc:eee:ecolec:v:146:y:2018:i:c:p:240-249
    DOI: 10.1016/j.ecolecon.2017.10.013
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    4. Karsyn Lamb & Kristiana Hansen & Christopher Bastian & Amy Nagler & Chian Jones Ritten, 2019. "Investigating Potential Impacts of Credit Failure Risk Mitigation on Habitat Exchange Outcomes," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(3), pages 815-842, July.
    5. Ritten, Chian Jones & Nagler, Amy & Hansen, Kristiana M. & Bennett, Drew E. & Rashford, Benjamin S., 2022. "Incorporating Landowner Preferences into Successful Migratory Species Conservation Policy," Western Economics Forum, Western Agricultural Economics Association, vol. 20(1), May.
    6. Christoph Schulze & Katarzyna Zagórska & Kati Häfner & Olimpia Markiewicz & Mikołaj Czajkowski & Bettina Matzdorf, 2024. "Using farmers' ex ante preferences to design agri‐environmental contracts: A systematic review," Journal of Agricultural Economics, Wiley Blackwell, vol. 75(1), pages 44-83, February.
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    8. Wang, Xiaoqi & Zhao, Xueyan, 2023. "Farmers' perception and choice preference of grassland ecosystem services: Evidence from the northeastern region of the Qinghai-Tibet Plateau," Land Use Policy, Elsevier, vol. 132(C).

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