“…Economists investigate CE-program impacts, typically with hedonic analyses of capitalized easement values with selection effects (Nickerson and Lynch 2001;Lynch, Gray, and Geoghegan 2007;Liu and Lynch 2011;Schilling, Sullivan, and Duke 2013;Lawley and Towe 2014). Other studies explain CE participation (Lynch and Lovell 2003;Duke 2004), adverse selection, and cost effectiveness (Arnold, Duke, and Messer 2013;Lynch, Gray, and Geoghegan 2010;Horowitz, Lynch, and Stocking 2009), program efficiency (Lynch and Musser 2001), and nonmarket amenity valuation (Bergstrom and Ready 2009;Duke 2008).…”