Public agencies need information on the value of
recreational activities to assist in managing fish and
wildlife species. Over the past two decades economists have
developed and applied techniques to measure the value of such
non-marketed commodities.
The contingent valuation method (CVM) is one technique
used by economists to measure...
The size of elk herds in Eastern Oregon has become a controversial
issue. Trade-offs exist between the numbers of elk and domestic
livestock on a given area of land, and also between elk and commercial
timber harvesting policies. Disputes arise from differing views as
to proper use of the natural...
Much outdoor recreation occurs on publicly owned land and water
resources, or involves use of these public resources. Consequently, an
economic problem arises concerning the value of recreational resources
which do not have a conventional market price. Without a price to guide
the allocation of resources, it is difficult to...