Brief Summary of Minutes of Annual Meeting

Summary of Annual Meeting: W-1133s annual meeting consisted of two partspresentation of current research and business meeting. Presentations of current research occurred in a conference-style format on 2/23/2006 and 2/24/2006. The presentations were organized by W1133 objective and paper content, with a mix of long papers with a discussant and short papers without a discussant. The presentation program provided time for discussion of each paper. An Expert Panel was organized on the theme W1133  A Synthesis of the Past and the Road Ahead and included presentations by John Bergstrom, John Loomis, John Hoehn and V. Kerry Smith. The program agenda was: Wednesday, Feb. 22: 6:00  7:30 Reception / Social gathering, Presidential Suite, Riverwalk Plaza Hotel Thursday, Feb. 23: ( *presenter) 7:30-8:00 Registration 8:00  8:10 Presidential Address and Welcome 8:10  10:10 Session 1: Choices and Policies under Uncertainty Chair: Tom Brown The Value of Information Provided by Fish Consumption Advisories Paul Jakus*, Christopher Leggett, Ana Maria Ibanez. Discussant: Douglass Shaw An Empirical Investigation of Option Prices for Hunting Permits To N. Nguyen, W. Douglass Shaw*, Richard T. Woodward, Robert Paterson, Kevin Boyle Discussant: Tim Haab Demands for Government-Sponsored Research with Long-term Uncertain Benefits but Near-Term Costs, Trudy Ann Cameron, Daniel R. Burghart*, Geoffrey R. Gerdes, Discussant: Paul Jakus 10:10  10:30 Break with refreshments 10:30  12:30 Session 2: Elicitation and Econometric Issues in Non-market Valuation Chair: Michael Kaplowitz Do Fishermen Lie? Measuring Hypothetical Bias Across Response Formats John W. Duffield*, Patricia A. Champ, David A. Patterson, Chris J. Neher Discussant: Laura Taylor Respondent Uncertainty in Choice Experiments: A Comparison of Real and Hypothetical Choices, Richard Ready*, Jennifer Lawton, Patricia A. Champ A New Approach to Correct for Hypothetical Bias in Stated Preference Models: The Orbit Procedure, John Loomis*, Steve Davies Reconsidering the Statistical Gains from Dichotomous Choice Contingent Valuation with Follow-Up Questions, Heechan Kang, Timothy C. Haab* , Discussant: Kim Rollins 12: 30  2:00 Lunch (on your own) 2:00  3:30 Expert panel: W1133  A Synthesis of the Past and the Road Ahead Chair / Moderator: Dan McCollum John Bergstrom, John Hoehn, John Loomis, V. Kerry Smith (15 minutes per panelist, 30 minutes open discussion) 3:30  3:50 Break with refreshments 3:50  5:10 Session 3: Meta-Analysis, Benefit Transfer and Meta-Questions Chair: Linda Langner Generalization, Measurement, and Publication: Sources of Error in Benefit Transfer and their Management, Randall S. Rosenberger*, Tom D. Stanley, Discussant: Rob Johnston Sampling Issues and Value Comparison in the Meta Analysis of Ecosystem Benefit Estimates John P. Hoehn* What are Ecosystem Services? Thomas C. Brown*, John C. Bergstrom, John B. Loomis Friday, Feb. 24 7:30-8:00 Registration 8:00  10:00 Session 4: Advances and Topics in Valuation Methodology / Chair: Michael Hand Combining Attitudinal and Choice Data to Improve Estimates of Preferences and Preference Heterogeneity: A FIML, Discrete-Choice. Latent-Class Model, William Breffle, Edward Morey, Jennifer Thacher*, Discussant: Wuyang Hu An Empirical Investigation of Consideration Set Models Roger von Haefen*, Wiktor Adamowicz, Matthew Massey The Use of Attitudinal Responses as Explanatory Variables in Choice Experiments Robert Hearne* Should We be Despaired? A WTP/WTA Difference Among Broiler Producers in Louisiana Krishna P. Paudel*  Modeling consumers intended buying decision of GM food: A simultaneous latent variable approach integrating psychometric and econometric aspects of consumer decision-making Sanjoy Bhattacharjee, Phil Wandschneider, Jon Yoder* 10:00  10:30 Break with refreshments 10:30  12:30 Session 2: Welfare Implications of Agricultural and Environmental Policies Chair: Robert Hearne Estimating the Value of Water Use Permits: A Hedonic Approach Applied to Farmland in the Southeastern U.S., Ragan Petrie, Laura Taylor*, Discussant: Alison Davis Welfare Implications of the Policy Process: Estimating Context-Sensitive Willingness to Pay for Agricultural and Open-Space Conservation, Robert J. Johnston*, Joshua M. Duke Is an Ounce of Prevention Worth a Pound of Cure? Ryan Bosworth, Trudy Ann Cameron*, J.R. DeShazo Measuring the Economic Benefits of Conservation Efforts in a National Park Patricia A. Champ*, George L. Peterson, Yann-Jou Lin Benefit Variables Applied in USDA Agri-Environmental Policy Analyses, LeRoy Hansen* 12: 30  2:00 Lunch (on your own) 2:00  3:20 Session 6: Public Preferences for Open Land and Environmental Amenities Chair: Joan Poor Measuring Preferences for Stream Restoration under Uncertainty, Nicholas E. Flores* Water Projects and Exurban Sprawl: WTP for Increased Water Charges as Derived Demand for Environmental Amenities, Donald M. McLeod*, Roger Coupal, Scott Lieske The Availability and Geographical Specificity of Agricultural Land Value Data: Implications for Hedonic Studies, Steven Shultz* Amenities, Wages, and the Use of Stated Preference Surveys Michael S. Hand*, Jeff Bjarke, Jennifer Thacher, Daniel McCollum 3:20  3:40 Break with refreshments 3:40  4:40 Session 7: Topics in Recreation Demand Analysis / Chair: Kelly Giraud Distributional Consequences of Fees in a Discrete Choice Model of Recreation Demand with Incomplete Data: An Application to Mode-Specific Fishing Hwa Nyeon Kim*, Richard T. Woodward, W. Douglass Shaw, Wade L. Griffin A Random Utility Travel Cost Model of Deer Hunting in Michigan Scott Knoche, Frank Lupi*, Brent Rudolph Valuing Forest Fires: A Large Scale Approach Jeffrey Englin*, Thomas Holmes, Janet Lutz ,Adam Longhorn and Juan Marcos Gonzalez Willingness to Accept by Private Land Owners for Consumptive and Non-Consumptive Uses Ronald A. Fleming, Angelos Pagoulatos, Rutherford Johnson* and Roger Brown Saturday, Feb. 25 8:00  noon Business meeting Business Meeting Minutes/Agenda: " Call to Order - The business meeting was called to order at 8am, Feb 25, 2006. o Attendees of the business meeting included: § Jerry Fletcher, West Virginia University § Michael Hanneman, University of California, Berkeley § Paul Jakus, Utah State University § John Loomis, Colorado State University § Don McLeod, University of Wyoming § Klaus Moeltner, University of Nevada, Reno § Richard Ready, Penn State University § Kim Rollins, University of Nevada, Reno § Randy Rosenberger, Oregon State University (chair) § Douglass Shaw, Texas A&M University § Donald Snyder, Utah State University (administrative advisor) " Nominations and Election of Secretary-Treasurer for 2006 o Dr. Kelly Giraud, University of New Hampshire was nominated and unanimously elected as Secretary-Treasurer

W1133 members are widely recognized leaders in the field of environmental and natural resource economics. They collaborate with other scientists at international and national, public and private institutions and participate in extension programs. They interact with policy makers at local, state, national and international levels. They publish in high quality, widely read outletsmany of their publications have become core literature in the areas of nonmarket valuation, benefit transfer, and ecosystem management. This years accomplishments reflect the timeliness and importance of the projects activities in terms of dealing with policy/management issues including recreational access, water quality, forest management, biodiversity and climate change. See publications for detailed accomplishments.

Ahearn, M. and R. Alig. Forthcoming. A Discussion of Recent Land-Use Trends, chapter 2 in Economics of Rural Land-Use Change, edited by K.P. Bell, K.J. Boyle and J. Rubin, Aldershot, Hampshire: Ashgate. Ahearn, M., K. Boyle, and D. Hellerstein. Forthcoming. Designing a Contingent Valuation Study to Estimate the Benefits of the Conservation Reserve Program, chapter 9 in The Handbook of Contingent Valuation. , J. Kahn, and A. Alberini (eds.). Edward Elgar Publishing, Northampton, MA. Alig, R. and M. Ahearn. Forthcoming. Effects of Policy and Technological Change on Land Use, chapter 3 in Economics of Rural Land-Use Change, edited by K.P. Bell, K.J. Boyle and J. Rubin, Aldershot, Hampshire: Ashgate. Bastian, C.T. and J.B. Loomis. 2005. Economic Welfare Effects of Recreation Site Closure on Multiple Destination Visitors Using Random Utility Model: The Case of Yellowstone Snowmobiling, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Bateman, I. J., P. Cooper, S. Georgiou, S. Navrud, G.L. Poe, R. Ready, P. Riera, M. Ryan, and C. A. Vossler. 2005. Economic Valuation of Policies for Managing Acidity in Remote Mountain Lakes: Examining Validity through Scope Sensitivity Testing. Aquatic Sciences 67:274-291. Belin D., D. Kittredge, T.Stevens, D. Dennis, C. Schweik and B. Morzuch. 2005. Assessing Private Forest Owner Attitudes toward Ecosystem-Based Management. Journal of Forestry. Jan/Feb. Bento, A.M., L.H. Goulder, E. Henry, M.R. Jacobson and R.H. von Haefen. 2005. Distributional and Efficiency Impacts of Gasoline Taxes: An Econometrically-Based Multi-Market Study. American Economic Review, Papers and Proceedings, 95(2): 282-287. Bergstrom, J. and L. Taylor. Forthcoming. Using Meta Analysis for Benefits Transfer: Strengths and Weaknesses. Ecological Economics. Bergstrom, J.C. and R.C. Ready. 2005. What Have We Learned from 20 Years of Farmland Amenity Valuation Research?, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Booker, J.F., A.M. Michelsen, and F.A. Ward. 2005. Economic impact of alternative policy responses to prolonged and severe drought in the Rio Grande Basin. Water Resources Research 41(2):W02026. Breffle, W.S., E.R. Morey, and D.M. Waldman. 2005. Gaussian Quadrature versus Simulation for the Estimation of Random Parameters: Some Evidence from Stated-Preference Choice Data. In Applications of Simulation Methods in Environmental and Resource Economics. R. Scarpa and A. Alberini, eds. Kluwer Academic Publishers, Boston. Breffle, W.S., E.R. Morey, R.D. Rowe, and D.M. Waldman. 2005. Combining Stated-Choice and Stated-Frequency Data with Observed Behavior to Value NRDA Compensable Damages: Green Bay, PCBs and Fish Consumption Advisories, in The Handbook of Contingent Valuation (D. Bjornstad, J. Kahn, and A. Alberini, eds.), Edward Elgar Publishing. In press. Brown, T.C. 2005. Loss Aversion without the Endowment Effect, and Other Explanations for the WTA-WTP Disparity. Journal of Economic Behavior and Organization 57(3):367-379. Brown, T.C., G.L. Peterson, R.M. Brodersen, V. Ford, and P.A. Bell. 2005. The Judged Seriousness of an Environmental Loss is a Matter of What Caused It. Journal of Environmental Psychology 25(1):13-21. Bruggeman, D, M. Jones, F. Lupi, and K. Scribner. 2005. Landscape Equivalency Analysis: Methodology for Estimating Spatially Explicit Biodiversity Credits. Environmental Management 36(4):518-534. Champ, P.A., R.C. Bishop and R. Moore. 2005. Approaches to Mitigating Hypothetical Bias, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Collins, A.R., R.S. Rosenberger and J.J. Fletcher. 2005. The Economic Value of Stream Restoration. Water Resources Research 41:W2017, 1-9. Deaton, B.J. and J.P. Hoehn 2005. The Social Construction of Production Externalities in Contemporary Agriculture: Process versus Product Standards as the Basis for Defining Organic. Agriculture and Human Values 22:21-38. Duffield, J.W., C.J. Neher, D.A. Patterson and P.A. Champ. 2005. Replication of a Cash and Contingent Valuation Experiment (Preliminary), in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Finlayson, C.M., R. DCruz, N. Aladin, D.R.Barker, G. Beltram, J.Brouwer, N. Davidson, L.Duker, W. Junk, M.D. Kaplowitz, H. Ketelaars, E. Kreuzberg-Mukhina, G. de la Lanza Espino, C.Leveque, A. Lopez, R.G. Milton, P.Mirabzadeh, D. Pritchard, C. Revenga, M. Rivera, A. Shah Hussainy, M. Silvius, and M.Steinkamp. 2005. Inland Water Systems, Chapter 20, Millennium Ecosystem Assessment: Current State and Trends. Washington DC: Center for Resource Economics/Island Press. Finnoff, D. and A.J. Caplan. 2005. A Bioeconomic Model of the Great Salt Lake Watershed, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Fleming, R.A. and R. Johnson. 2005. WTA for Consumptive and Non-Consumptive Use Access to Private Lands when Affirmative Responses are Poisson Events, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Giraud, K, C. Bond and J. Kelling-Bond. 2005. Consumer Preferences for Locally Made Specialty Food Products across Northern New England. Agricultural and Resource Economics Review 34(2):204-216. Hearne, R. and C.A. Santos. 2005. Tourists and Locals Preferences toward Ecotourism Development in the Maya Biosphere Reserve, Guatemala. Environment, Development, and Sustainability 7(3):305-318 Heberlein, T.A., M.W Wilson, R.C. Bishop and N. Schaeffer. 2005. Scope Sensitivity and the Validity of Contingent Valuation. Journal of Environmental Economics and Management 50:1-22. Hoag, D., C. Bastian, C. Keske-Handley, D. McLeod and A. Marshall. 2005. Evolving Conservation Easements Markets in the West. Solicited Article, June 2005, Western Economic Forum of the Western Agricultural Economics Association. 4(1):12-18. Hoehn, J.P. and B.J. Deaton. 2005. An Empirical Framework for Evaluating the Welfare Gains and Losses from Credence Attribute Labeling, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Holmes, T.P. and J.E. Englin. 2005. User Fees and the Demand for OHV Recreation, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Horan, R. and F. Lupi. 2005. Tradable risk permits to prevent future introductions of alien invasive species into the Great Lakes. Ecological Economics 52(3):289-304. Horan, R., and F. Lupi. 2005. Economic Incentives for Controlling Trade-Related Biological Invasions in the Great Lakes. Agricultural and Resource Economics Review 34(1):75-89. Johnston, R.J. and D.P. Joglekay. 2005. Is Hypothetical Bias Universal? Validating Stated Preference Responses Using Binding Public Referenda, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Kavezeri-Karuahe, S., P. Wandschneider, and J. Yoder. 2005. Perceived Water Prices and Estimated Water Demand in the Residential Sector of Windhoek, Namibia. An Analysis of the Different Water Market Segments. presented at the Western Agricultural Economics Association Meetings. San Francisco. July. Kruger, C., D. Granatstein, C. Feise, S. Chen, C. Stockle, C. MacConnell, P. Wandschneider, H. Collins, D. Huggins. Climate Friendly Farming Project: Year 1 Report Presentation. 2005. Presented to the Paul G. Allen Charitable Foundation / Vulcan Inc. February 11. Laury, S. and L. Taylor. Forthcoming. Altruism Spillovers: Are Behaviors in Context-free Experiments Predictive of Atlruism Toward a Naturally Occurring Public Good? Journal of Economic Behavior and Organization. Loomis, J. 2005. Economic Values without Prices: The Importance of Nonmarket Values and Valuation for Informing Public Policy Debates. Choices 20(3):179-182. Loomis, J. 2005. Updated Outdoor Recreation Use Values on National Forests and Other Public Lands. General Technical Report PNW-GTR-658. Pacific Northwest Research Station, USDA Forest Service. Loomis, J., H.T. Le, A. Gonzalez-Caban. 2005. Testing Transferability of Willingness to Pay for Forest Fire Prevention Among Three States of California, Florida and Montana. Journal of Forest Economics 11:125-140. Loomis, J., J. Miller, A. Gonzalez-Caban and J. Champ. 2005. Comparing Videotape Survey Administration and Phone Interviews in Contingent Valuation of Forest Fire Management, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Lupi, F, M.D. Kaplowitz, J.P. Hoehn, M. Gibson and O. Arreola. 2005. Stated Preferences for Great Lakes Coastal Wetland Programs, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. M.D. Kaplowitz and R. Levine. 2005. How Environmental Knowledge Measures up at a Big Ten University. Environmental Education Research 11(2):143-160. Maler, K-G, and A.C. Fisher. 2005. Environment, Uncertainty, and Option Values, in Handbook of Environmental Economics, Vol. 2, pp. 571-620, edited by K-G Maler and J.R. Vincent. Amsterdam: Elsevier/North Holland. Moeltner, K. and J. S. Shonkwiler. 2005. Correcting for On-Site Sampling in Random Utility Models. American Journal of Agricultural Economics 87(2):327-339. Moeltner, K. and J.S. Shonkwiler. 2005. Intercept and Recall: Examining Avidity Carryover in On-Site Sample Data, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Murphy J., P.G. Allen, T. Stevens and D. Weatherhead. 2005. A Meta-Analysis of Hypothetical Bias in Stated Preference Valuation. Environmental and Resource Economics 30:313-325. National Research Council. 2005. Endangered and Threatened Species of the Platte River. National Academies Press, Washington D.C. (F. Lupi is a contributing author). Netusil, N. S. Chattopadhyay. 2005. Economic Benefits of Large Patches of Tree Canopy: A Second-Stage Hedonic Price Analysis. in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Peck, D., D. McLeod, J. Lovvorn and J. Hewlett. 2005. Opportunity Costs of Water Leasing: Irrigation, Instream Flow, And Wetland Considerations in the Laramie Basin, Wyoming. Environmental Management 34(6):842-855. Poe, G.L., K.L. Giraud, and J.B. Loomis. 2005. Computational Methods for Measuring the Difference of Empirical Distributions. American Journal of Agricultural Economics 87(2):353-366. Poor, P.J. and R. Brule. 2005. Socio-Economic Aspects of Open Space and Agricultural Land Preservation, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Rahman, T., R.C. Mittelhammer, and P. Wandschneider. 2005. Measuring the Well-being across Countries: a Sensitivity Analysis. In: Well-being, poverty and Inequality, ed. M. McGillivray, WIDER Studies in Development Economics, Palgrave Macmillan Press Rahman, T., R.C. Mittelhammer, P. Wandschneider. 2005. Measuring the Quality of Life across Countries: A Sensitivity Analysis of Well-being Indices. UNU-WIDER Research Paper No. 2005/06, January. Ready, R., A. Fisher, D. Guignet, R. Stedman, and J. Wang. 2005. A Pilot Test of a New Stated Preference Valuation Method: Continuous Attribute-Based Stated Choice, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Ready, R.C. 2005. Do Landfills Always Depress Nearby Property Values? Rural Development Paper RDP-27, Northeast Regional Center for Rural Development, The Pennsylvania State University, May 2005. 28 pages Ready, R.C., and C. Abdalla. 2005. The Amenity and Disamenty Impacts of Agriculture: Estimates from a Hedonic Pricing Model. American Journal of Agricultural Economics 87:314-326. Ready, R.C., and S. Navrud. 2005. Benefit Transfer: The Quick, The Dirty, and the Ugly? Choices 20:195-199. Ready, R.C., W. Delavan, and D. Epp. 2005. A Comparison of Revealed, Stated, and Actual Behavior in Response to a Change in Fishing Quality. Human Dimensions of Wildlife 10:39-52. Richardson, R. and J. Loomis. 2005. Climate Change and Recreation Benefits in an Alpine National Park. Journal of Leisure Research 37(3): 307-320. Richardson, R. and J. Loomis. 2005. Effects of Climate Change on Tourism Demand and Benefits in Alpine Areas (pages 164-180). In Tourism, Recreation and Climate Change. Eds. C.M. Hall and J. Highman. Channel View Publications. ISBN 1-84541-004-1. Rosenberger, R.S. and D.B.K. English. 2005. Impacts of Wilderness on Local Economic Development. In: H.K. Cordell, J.C. Bergstrom and J.M. Bowker (eds.). The Multiple Values of Wilderness. State College, PA: Venture Press. Pp.181-204. Rosenberger, R.S., A.R. Collins and J.B. Svetlik. 2005. Private Provision of a Public Good: Willingness to Pay for Privately Stocked Trout. Society and Natural Resources 18(1):75-87 Rosenberger, R.S., D.B.K. English and M. Sperow. 2005. Rural Economies in Transition: Duration Models of Eastern Wilderness Designation, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. Rosenberger, R.S., Y. Sneh, T.T. Phipps and R. Gurvitch. 2005. A Spatial Analysis of Linkages between Health Care, Expenditures, Physical Inactivity, Obesity and Recreation Supply. Journal of Leisure Research 37(2):216-235. Samnaliev, M., T. Stevens and T. More. 2005. A Comparison of Alternative Certainty Calibration Techniques in Contingent Valuation. Ecological Economics, in press. Schlenker, W., W.M. Hanemann and A.C. Fisher. 2005. Will U.S. Agriculture Really Benefit from Global Warming? Accounting for Irrigation in the Hedonic Approach. The American Economic Review, 95(1):395-406. Shonkwiler, J. S. and J. Englin. 2005. Welfare Losses Due to Livestock Grazing on Public Lands: A Count Data Systemwide Treatment. American Journal of Agricultural Economics 87:302-313. Shultz, S. 2005. Evaluating the Acceptance of Wetland Easement Conservation Offers. Review of Agricultural Economics 27(2). Shultz, S. and D. Pool. 2005. The Impact of Combined Grass and Wetland Easements on Agricultural Land Values in South Dakota. Journal of the American Society of Farm Managers and Rural Appraisers. Thacher, J., E. Morey and W. Breffle. 2005. A Latent-Class Model of Angler Preferences for Green Bay: Estimated Jointly with Attitudinal Data and Stated Preference-Choice Data, in Benefits and Costs of Resource Policies Affecting Public and Private Land, (S. Shultz), Western Regional Research Publication, W-1133. von Haefen, R.H. and D.J. Phaneuf. 2005. Continuous Demand System Approaches to Nonmarket Valuation, in Applications of Simulation Methods in Environmental & Resource Economics, R. Scarpa & A. Alberini, eds., Springer, Dordrecht. von Haefen, R.H., D.M. Massey, and W. Adamowicz. 2005. Serial Non-Participation in Repeated Discrete Choice Models. American Journal of Agricultural Economics 87(4):1061-1076. Vossler, C.A. and G.L. Poe. 2005. Analysis of Contingent Valuation Data with Multiple Bids and Response Options Allowing Respondents to Express Uncertainty: A Comment. Journal of Environmental Economics and Management 49:197-200. Ward, F.A. 2005. Environmental and Natural Resource Economics. Prentice-Hall. Ward, F.A. Forthcoming. Decision Support for Water Policy: A Review of Economic Concepts and Tools. Water Policy. Ward, F.A., A.M. Michelsen, and L. DeMouche. Forthcoming. Barriers to Water Conservation in the Rio Grande Basin. Journal of the American Water Resources Association. Ward, F.A., and J.F. Booker. 2005. Economic costs and benefits of instream flow protection for endangered species in an international basin. Journal of the American Water Resources Association. 39(2):427-440. Ward, F.A., and J.F. Booker. 2006. Economic impacts of instream flow protection for the Rio Grande silvery minnow in the Rio Grande basin. Reviews in Fisheries Science.14(1-2):187-202. Ward, F.A., B.H. Hurd, T. Rahmani, and N. Gollehon. Forthcoming. Economic Impact of Federal Policy Responses to Drought in the Rio Grande Basin. Water Resources Research. Ward, F.A., J.F. Booker, and A.M. Michelsen. Forthcoming. Integrated Economic, Hydrological, and Institutional Analysis of Policy Responses to Mitigate Drought Impacts in the Rio Grande Basin. Journal of Water Resources Planning and Management.