IDEAS home Printed from https://ideas.repec.org/a/uwp/landec/v98y2022i4p599-617.html
   My bibliography  Save this article

The Influence of Projected Outcomes on Preferences over Alternative Regulations: Evidence from a Recreational Fishery

Author

Listed:
  • Zhenshan Chen
  • Pengfei Liu
  • Eric T. Schultz
  • Jacob M. Kasper
  • Stephen K. Swallow

Abstract

The expected outcomes arising from alternative policies on respondent choice have not been sufficiently accounted for in stated preference studies. We accordingly develop a framework to quantitatively assess the influence of outcome provision and illustrate with a choice experiment in a recreational fishery. The application suggests that participants are more likely to choose the status quo and low-cost options when outcomes are not provided, and these conservative behaviors might reflect the higher dispersion in anglers’ utility in tautog (Tautoga onitis) fishing. Further investigations with latent class models suggest that the outcome provision makes a significant share of respondents changing their choice pattern.

Suggested Citation

  • Zhenshan Chen & Pengfei Liu & Eric T. Schultz & Jacob M. Kasper & Stephen K. Swallow, 2022. "The Influence of Projected Outcomes on Preferences over Alternative Regulations: Evidence from a Recreational Fishery," Land Economics, University of Wisconsin Press, vol. 98(4), pages 599-617.
    • Handle: RePEc:uwp:landec:v:98:y:2022:i:4:p:599-617
    Note: DOI: 10.3368/le.98.4.102820-0164R1
    as

    Download full text from publisher

    File URL: http://le.uwpress.org/cgi/reprint/98/4/599
    Download Restriction: A subscripton is required to access pdf files. Pay per article is available.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uwp:landec:v:98:y:2022:i:4:p:599-617. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: http://le.uwpress.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.