The Economic Case for State-Level Land Use Decision-Making

Abstract

The case for the economic approach to land use decision-making at the state-level is compelling. Yet it is important not to limit the analysis only to economic objectives. Humans also are social creatures and many want their fellow citizens to meet basic needs of food, shelter and clothing. Humans also value the natural environment even though these preferences often cannot be articulated through market forces. Thus, social and environmental preferences need to be considered along with purely economic values.

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