Net Economic Value of Cold and Warm Water Fishing in Idaho (Classic Reprint)

Cindy F. Sorg, John B. Loomis

ISBN 10: 0331250101 / ISBN 13: 9780331250107

Published by Forgotten Books, 2018

About this Item

Print on Demand. 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. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.

Seller Inventory # 9780331250107_0

Bibliographic Details

• Title: Net Economic Value of Cold and Warm Water Fishing in Idaho (Classic Reprint)
• Publisher: Forgotten Books
• Publication Date: 2018
• Language: English
• ISBN 10: 0331250101
• ISBN 13: 9780331250107
• Binding: Paperback
• Condition: New
• Book Type: print-on-demand item
• Seller catalogs:
  • Audits and Surveys

About this title

Synopsis

Net Economic Value of Cold and Warm Water Fishing in Idaho explains how anglers' spending translates into value.

This nonfiction bulletin uses Idaho survey data to estimate the economic value of cold water, warm water, and mixed fishing. It explains how researchers measure value with both consumer surplus and expenditures, and how these figures support state and federal planning.

• Learn what net willingness to pay means and how it’s used in planning and policy.


• See how the study derives per-trip values and converts them to per-day measures.


• Understand the difference between consumer surplus, expenditures, and their roles in impact analyses.


• Discover methodological approaches like the Travel Cost Method and Contingent Value Method.

Ideal for readers involved in wildlife economics, recreation planning, or natural-resource decisionmaking, this edition provides a clear look at how value is quantified and applied in practice.