Erratum

We regret our error in our article published in Land Economics volume 86, issue 2. In the sentence (p. 267, second column, first full paragraph) “Given equation [2], these levels of α* generated assessed tax rates on land value of τL ∈ [3.32%, 5.86%, 9.04%, 12.21%],” the order of the values in brackets should be [12.21%, 9.04%, 5.86%, 3.32%].