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Measuring the Economic Value of Marine Recreational Angling: The U.S. Approach

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Abstract
  • The United States has been collecting supplemental economic information in addition to biological catch and effort data from saltwater recreational anglers. This supplemental information was collected to enable the estimation of travel cost models of recreation demand. This paper will discuss in detail the data that is available and the standard modeling approaches that can be undertaken given the data. Some results from the economic valuation surveys will be presented in order to characterize the types of information that can be learned from surveying recreational anglers.
  • Keywords: Recreational Angling Surveys, Recreational Valuation, Welfare Measurement, Recreational Angling, Random Utility Model.
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Citation
  • Hicks, R.L. and A.B. Gautam. Measuring the Economic Value of Marine Recreational Angling: The U.S. Approach. In: Microbehavior and Macroresults: Proceedings of the Tenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 10-14, 2000, Corvallis, Oregon, USA. Compiled by Richard S. Johnston and Ann L. Shriver. International Institute of Fisheries Economics and Trade (IIFET), Corvallis, 2001.
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Conference Location
  • Corvallis, Oregon, USA
Proceedings Editors
  • Johnston, Richard S.
  • Shriver, Ann L.
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  • International Institute of Fisheries Economics and Trade; U.S. National Marine Fisheries Service; MG Kailis Group
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