“…Previous research has estimated the supply curve for carbon sequestration using mathematical programming models (Adams et al., 1993; Bamière et al., 2021; Beach et al., 2008; Frey et al., 2013; Parks & Hardie, 1995; Richards et al., 1993; Schneider & McCarl, 2006), econometric models (Lubowski et al., 2006; Newell & Stavins, 2000; Plantinga & Wu, 2003; Plantinga et al., 1999; Stavins, 1999), or a mix of programming and econometric models (Antle et al., 2003). Some of the previous work depends on stated preferences for how landowners would respond to a hypothetical policy (Adams et al., 1993; Parks & Hardie, 1995; Richards et al., 1993; Van Kooten et al., 2002).…”