Spring 2004, Vol. 44, No. 2

Introduction          vii

Essay
Legal and Economic Issues in Private Land Conservation        353
Roger E. Meiners & Dominic P. Parker

Articles
Viewing Land Conservation through Coase-Colored Glasses          361
Terry L. Anderson

When Are Environmental Amenities Policy-Relevant?          383
David D. Haddock

Environmental Amenities, Private Property, and Public Policy          425
Steven J. Eagle

Presidio and Valles Caldera: A Preliminary Assessment of Their Meaning for Public Resource Management          445
Sally K. Fairfax, Lauren Gwin & Lynn Huntsinger

Limited Prospects for Privatization of Public Lands: Presidio and Valles Caldera May Be as Good as It Gets          475
James L. Huffman

Land Trusts and the Choice to Conserve Land with Full Ownership or Conservation Easements          483
Dominic P. Parker

Comments on Land Trusts and the Choice to Conserve Land with Full Ownership or Conservation Easements          519
Bruce Yandle

Securing Ecological Investments on Other People's Land: A Transaction-Costs Perspective          529
Christopher S. Elmendorf

What's a Poor Land Trust to Do? Alternatives for Dealing with an Opportunistic World          563
Susan F. French

The Illusion of Perpetuity and the Preservation of Privately Owned Lands          573
Julia D. Mahoney

The Trouble with Time: Influencing the Conservation Choices of Future Generations          601
Barton H. Thompson, Jr.

Book Reviews
The State of the Natural Resources Literature
Private Conservation Literature: A Survey          621
Andrew P. Morriss

Reviews
On Borrowed Time: Assessing the Threat of Mineral Depletion, by John E. Tilton          652
Ross Cullen

Irrigated Agriculture and the Environment, edited by James S. Shortle & Ronald C. Griffin          654
Tim J. Ward

Life Support: The Environment and Human Health, edited by Michael McCally          657
Rachel Winston

Books Received          661