<?xml version='1.0' encoding='UTF-8'?><xml><records><record><source-app name="HighWire" version="7.x">Drupal-HighWire</source-app><ref-type name="Journal Article">17</ref-type><contributors><authors><author><style face="normal" font="default" size="100%">Messer, Kent D.</style></author><author><style face="normal" font="default" size="100%">Kecinski, Maik</style></author><author><style face="normal" font="default" size="100%">Liu, Zhou</style></author><author><style face="normal" font="default" size="100%">Korch, Mary A.</style></author><author><style face="normal" font="default" size="100%">Bounds, Thomas</style></author></authors><secondary-authors></secondary-authors></contributors><titles><title><style face="normal" font="default" size="100%">Military Readiness and Environmental Protection through Cost-effective Land Conservation</style></title><secondary-title><style face="normal" font="default" size="100%">Land Economics</style></secondary-title></titles><dates><year><style  face="normal" font="default" size="100%">2016</style></year><pub-dates><date><style  face="normal" font="default" size="100%">2016-08-01 00:00:00</style></date></pub-dates></dates><pages><style  face="normal" font="default" size="100%">433-449</style></pages><doi><style  face="normal" font="default" size="100%">10.3368/le.92.3.433</style></doi><volume><style face="normal" font="default" size="100%">92</style></volume><issue><style face="normal" font="default" size="100%">3</style></issue><abstract><style  face="normal" font="default" size="100%">Harboring a high density of threatened and endangered species on its bases leaves the U.S. Department of Defense (DoD) with a critical responsibility: establishing sound environmental policies while also continuing training and ensuring military readiness. This dual objective is the goal of the Readiness and Environmental Protection Integration program, a large conservation fund for military installations that is mandated to be cost-effective. Analyzing a unique DoD data set, we show that use of optimization models generates a 21% increase in military readiness and environmental protection or achieves the same benefits as benefit targeting at a cost saving of 37%. (JEL Q57, Q58)</style></abstract></record></records></xml>