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Valuing the Prevention of an Infestation: The Threat of the New Zealand Mud Snail in Northern Nevada

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  • Davis, Alison F.
  • Moeltner, Klaus

Abstract

The Truckee/Carson/Walker River watershed in northern Nevada is under an imminent threat of infestation by the New Zealand mud snail, an aquatic nuisance species with the potential to harm recreational fisheries. We combine a utility-theoretic system-demand model of recreational angling with a Bayesian econometric framework to provide estimates of trip and welfare losses under different types of regulatory control policies. We find that such losses can be substantial, warranting immediate investments in preemptive strategies via public outreach and awareness campaigns.

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File URL: http://purl.umn.edu/59333
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Bibliographic Info

Article provided by Northeastern Agricultural and Resource Economics Association in its journal Agricultural and Resource Economics Review.

Volume (Year): 39 (2010)
Issue (Month): 1 (February)
Pages:

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Handle: RePEc:ags:arerjl:59333

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Web page: http://www.narea.org/
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Related research

Keywords: Bayesian simulation; hierarchical modeling; incomplete demand system; New Zealand mud snail; Environmental Economics and Policy;

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