An Economic Analysis of the Influence of Different Attitudes Toward Game Animals: Emphasizing the Significance of Large Carnivores
AbstractThis paper investigates the influence of a change in attitude toward the sustainableresource use of wild animals that exist under a prey–predator relationship. We builda theoretical model in which use value (price value) and non-use value (for example,existence value) are incorporated; we then conduct a numerical simulation to examineseveral cases with varying values. The primary results are as follows. Firstly, we reaffirmthat it is important for people to value prey as well as predators in order to maintain aviable population. Secondly, as the willingness to pay for the prey increases relative tothe price of the prey, the amount of the resource will be prioritized over the amount of theharvest. Thirdly, the minimum/maximum price may be required for resource conservationand conservation rather than protection is required even if the willingness to pay for theprey increases. Finally, the existence of the predator is desirable in that it improves theoptimal resource level of the prey.
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Bibliographic InfoArticle provided by Baltic International Centre for Economic Policy Studies in its journal Baltic Journal of Economics.
Volume (Year): 6 (2007)
Issue (Month): 2 (January)
Predator–prey model; pest predator; willingness to pay; non-use value; attitude toward game animals;
Find related papers by JEL classification:
- Q27 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Issues in International Trade
- Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
- Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- David Finnoff & John Tschirhart, 2003. "Protecting an Endangered Species While Harvesting Its Prey in a General Equilibrium Ecosystem Model," Land Economics, University of Wisconsin Press, vol. 79(2), pages 160-180.
- Clark, Colin W, 1973. "Profit Maximization and the Extinction of Animal Species," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 950-61, July-Aug..
- Alexander, Robert R., 2000. "Modelling species extinction: the case for non-consumptive values," Ecological Economics, Elsevier, vol. 35(2), pages 259-269, November.
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