Explore how three different methods estimate the value of sport fishing in Oregon, with practical insights for researchers and policymakers.
This book compares travel-cost, hedonic travel-cost, and household-production approaches using real survey data to show how estimates can differ and why.
The study presents empirical results from four independent analyses, each applying a method to data from a 1977 angler survey. It discusses the theoretical foundations, model specifications, and challenges in using a single data base across methods. The text also highlights how research design, data quality, and valuation procedures shape the final estimates, offering guidance for future recreational-value studies and public resource decisions.
- How each method conceives angler decisions and site quality when valuing fishing trips
- What factors influence the estimated value per fish or per fishing trip
- Practical considerations for collecting data and comparing methods
- Examples of how results differ across salmon and steelhead fishing scenarios
Ideal for readers of environmental economics, recreation valuation, and policy analysis, this edition helps researchers and practitioners choose the most suitable approach for their work.