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Combining actual and contingent behavior to estimate the value of sports fishing in the Lagoon of Venice

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  • Alberini, Anna
  • Zanatta, Valentina
  • Rosato, Paolo

Abstract

This paper reports the results of a Travel Cost Method (TCM) study about the recreational use of the Lagoon of Venice for sports fishing. In April-July 2002, we conducted a mail survey of anglers with valid licenses fishing on the Lagoon of Venice to gather data on their fishing trips, behaviors and expenditures over the previous year. We also asked questions about trips that would be undertaken under hypothetical changes in the price of a trip and/or in the catch rate. Actual and hypothetical trips are combined to estimate single-site TCM demand function for trips. We propose several models to test whether it is acceptable to pool hypothetical and actual trip data, focusing on the respondent heterogeneity in the contingent behavior questions. Our models suggest actual and contingent behavior are driven by the same demand function, and can be pooled for estimation purposes. We use this estimated demand function, and its shift when the catch rate is improved, to compute angler surplus at the current catch rate and the change in surplus accruing from a 50% improvement in the catch rate. For the average angler in our sample, the former is about €1,700 a year, while the latter is about €2,800.

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Bibliographic Info

Article provided by Elsevier in its journal Ecological Economics.

Volume (Year): 61 (2007)
Issue (Month): 2-3 (March)
Pages: 530-541

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Handle: RePEc:eee:ecolec:v:61:y:2007:i:2-3:p:530-541

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  1. Alberini, Anna & Zanatta, Valentina & Rosato, Paolo, 2007. "Combining actual and contingent behavior to estimate the value of sports fishing in the Lagoon of Venice," Ecological Economics, Elsevier, vol. 61(2-3), pages 530-541, March.
  2. Whitehead, John C., 2005. "Combining willingness to pay and behavior data with limited information," Resource and Energy Economics, Elsevier, vol. 27(2), pages 143-155, June.
  3. Loomis, John B., 1997. "Panel Estimators To Combine Revealed And Stated Preference Dichotomous Choice Data," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(02), December.
  4. Nick Hanley & David Bell & Begona Alvarez-Farizo, 2003. "Valuing the Benefits of Coastal Water Quality Improvements Using Contingent and Real Behaviour," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 24(3), pages 273-285, March.
  5. Feather, Peter M & Shaw, W Douglas, 2000. "The Demand for Leisure Time in the Presence of Constrained Work Hours," Economic Inquiry, Western Economic Association International, vol. 38(4), pages 651-61, October.
  6. W. Douglass Shaw, 2002. "Testing the Validity of Contingent Behavior Trip Responses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(2), pages 401-414.
  7. Frank J. Cesario, 1976. "Value of Time in Recreation Benefit Studies," Land Economics, University of Wisconsin Press, vol. 52(1), pages 32-41.
  8. Feather, Peter & Shaw, W. Douglass, 1998. "Estimating The Cost Of Leisure Time For Recreation Demand Models," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20855, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  9. Christopher D. Azevedo & Joseph A. Herriges & Catherine L. Kling, 2003. "Combining Revealed and Stated Preferences: Consistency Tests and Their Interpretations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(3), pages 525-537.
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Citations

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Cited by:
  1. Ivanova, Galina & Rolfe, John, 2011. "Assessing development options in mining communities using stated preference techniques," Resources Policy, Elsevier, vol. 36(3), pages 255-264, September.
  2. Anna Alberini & Alberto Longo, 2006. "Combining the travel cost and contingent behavior methods to value cultural heritage sites: Evidence from Armenia," Journal of Cultural Economics, Springer, vol. 30(4), pages 287-304, December.
  3. Christine Bertram, Katrin Rehdanz, 2012. "On the Environmental Effectiveness of the EU Marine Strategy Framework Directive," Kiel Working Papers 1760, Kiel Institute for the World Economy.
  4. Grösche, Peter & Schröder, Carsten, 2011. "Eliciting public support for greening the electricity mix using random parameter techniques," Energy Economics, Elsevier, vol. 33(2), pages 363-370, March.
  5. Anna Alberini & Valentina Zanatta & Paolo Rosato, 2005. "Combining Actual and Contingent Behavior to Estimate the Value of Sports Fishing in the Lagoon of Venice," Working Papers 2005.44, Fondazione Eni Enrico Mattei.
  6. Rinaldo Brau & Antonello E. Scorcu & Laura Vici, 2007. "Assessing visitor satisfaction with tourism rejuvenation policies: the case of Rimini, Italy," Working Paper Series 51-07, The Rimini Centre for Economic Analysis, revised Jul 2007.
  7. Paolo Figini & Laura Vici, 2010. "Off-Season Tourists and the Cultural Offer of a Mass-Tourism Destination: The Case of Rimini," Working Paper Series 24_10, The Rimini Centre for Economic Analysis.
  8. Rowan, Emma & Longo, Alberto, 2009. "Enriching Stakeholder participation through Environmental Valuation; Eliciting Preferences for a National Park Designation in Northern Ireland," 83rd Annual Conference, March 30-April 1, 2009, Dublin, Ireland 51071, Agricultural Economics Society.
  9. Paulo A.L.D. Nunes & Helen Ding & Anil Markandya, 2009. "The Economic Valuation of Marine Ecosystems," Working Papers 2009.68, Fondazione Eni Enrico Mattei.
  10. Massimo Filippini & Giuliano Masiero & Diego Medici, 2012. "The demand for school meals: an analysis of stated choices by Swiss households," Quaderni della facoltà di Scienze economiche dell'Università di Lugano 1204, USI Università della Svizzera italiana.
  11. Paolo Figini & Massimiliano Castellani & Laura Vici, 2007. "Estimating Tourist Externalities on Residents: A Choice Modeling Approach to the Case of Rimini," Working Papers 2007.76, Fondazione Eni Enrico Mattei.
  12. Teisl, Mario F. & Roe, Brian E., 2010. "Consumer willingness-to-pay to reduce the probability of retail foodborne pathogen contamination," Food Policy, Elsevier, vol. 35(6), pages 521-530, December.
  13. Simões, Paula & Barata, Eduardo & Cruz, Luís, 2013. "Joint estimation using revealed and stated preference data: An application using a national forest," Journal of Forest Economics, Elsevier, vol. 19(3), pages 249-266.
  14. Easter, K. William & Konishi, Yoshifumi & Raggi, Meri & Viaggi, Davide, 2006. "What are the Economic Health Costs of Non-Action in Controlling Toxic Water Pollution?," Conference Papers 6656, University of Minnesota, Center for International Food and Agricultural Policy.
  15. Paula Simões & Luís Cruz & Eduardo Barata, 2012. "Non-market Recreational Value of a National Forest: Survey Design and Results," GEMF Working Papers 2012-09, GEMF - Faculdade de Economia, Universidade de Coimbra.

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