RT Journal Article
SR Electronic
T1 Total Economic Valuation of Great Lakes Recreational Fisheries
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 030424-0021R
DO 10.3368/le.101.4.030424-0021R
A1 Whitehead, John C.
A1 Howard, Gregory
A1 Cornicelli, Louis
YR 2025
UL http://le.uwpress.org/content/early/2025/05/23/le.101.4.030424-0021R.abstract
AB We use stated preference methods to estimate willingness to pay to avoid reductions in recreational catch in Great Lakes fisheries. We compare willingness to pay estimates where uncertain “in favor” votes are recoded to “against” votes to an attribute non-attendance model that focuses on the policy cost attribute. We find that the two hypothetical bias models yield similar results. We estimate another attribute non-attendance model that also considers the scope of the policy and find that the scope elasticity is significantly underestimated in other models. The willingness to pay in this last model is higher than in the other models.