Land Economics Ecological Restoration
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Land Economics 82(4):623-640 (2006); doi:10.3368/le.82.4.623
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Investigation of Stated and Revealed Preferences for an Elk Hunting Raffle

Joseph M. Little, Kristine M. Grimsrud, Patricia A. Champ, and Robert P. Berrens

The charter forest experiment at the Valles Caldera National Preserve (VCNP) in New Mexico provides land managers, policymakers, and researchers a unique opportunity to examine an alternative public land management institution. The VCNP mature bull elk permit lottery has been the largest revenue-generating recreation program at the preserve since the program’s inception in 2002. This paper uses stated and revealed preference ticket purchase data, collected through an online survey, to estimate a set of ticket demand equations for the purpose of assessing revenue generation, access, and the willingness to donate to this program. (JEL Q20)







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