Synopsis
This book skillfully evaluates the economic worth of fishing in Idaho, employing two recognized methodologies (Travel Cost Method and Contingent Value Method) to quantify the value anglers place on cold and warm water fishing experiences. The author delves into the intricacies of these methods, discussing their advantages and limitations while ensuring adherence to established guidelines. Notably, the Contingent Value Method enables the assessment of not only primary fishing trips but also those with multiple purposes, addressing a significant portion of fishing activities. The book explores the complexities of demand curve estimation, emphasizing the importance of considering factors like distance, income, fishing quality, and the availability of substitutes. The author highlights the sensitivity of benefit estimates to variations in the travel cost model, providing a nuanced understanding of the factors influencing these estimates. Furthermore, the book examines the implications of management actions on fishing value, particularly the potential impact of habitat improvements on fish populations and the subsequent economic benefits. It emphasizes the need to consider both short-run and long-run effects, incorporating insights from contingent value questions to capture the value of increased fish populations. Overall, this book provides valuable insights into the economic valuation of fishing, offering a comprehensive analysis of the Travel Cost and Contingent Value Methods. Its findings contribute to a deeper understanding of the economic significance of recreational fishing and provide a framework for informed decision-making in fisheries management.
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Net Economic Value of Cold and Warm Water Fishing in Idaho (Classic Reprint)
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Net Economic Value of Cold and Warm Water Fishing in Idaho (Classic Reprint)
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HRD. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9780331273601
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