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Information and Wildlife Valuation: Experiments and Policy

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  • Tisdell, Clement A.
  • Wilson, Clevo

Abstract

An experiment involving 204 residents of Brisbane, Australia is outlined and the results are reported and analysed. Two consecutive surveys of the respondents provide data about their stated knowledge of 23 wildlife species present in tropical Australia, many of which exclusively occur there. In addition, these surveys provide data about the willingness of respondents to pay for the conservation of those species belonging to three taxa: reptiles, mammals, and birds. The respondents’ stated knowledge of the species is compared with their willingness to pay for species’ conservation, and relevant inferences are drawn. When the respondents’ knowledge of the species is experimentally increased in a balanced way, it is found to result in more dispersion (greater discrimination) in respondents’ willingness to contribute to conservation of the different wildlife species in the set considered. A set of factors likely to be important in influencing individuals’ support for the conservation of wildlife species is identified and there is critical comment on recent valuation literature. Both theoretical and policy conclusions are drawn from the results.

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Bibliographic Info

Paper provided by University of Queensland, School of Economics in its series Economics, Ecology and Environment Working Papers with number 51409.

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Date of creation: Aug 2004
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Handle: RePEc:ags:uqseee:51409

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Related research

Keywords: Q51; Q57; Q58; Environmental Economics and Policy; biodiversity; contingent valuation; endangered species; environmental evaluation; knowledge; wildlife conservation.;

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References

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  1. Andrew Metrick & Martin L. Weitzman, 1996. "Patterns of Behavior in Endangered Species Preservation," Land Economics, University of Wisconsin Press, vol. 72(1), pages 1-16.
  2. Andrew Metrick & Martin L. Weitzman, 1998. "Conflicts and Choices in Biodiversity Preservation," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 21-34, Summer.
  3. Ajzen, Icek & Brown, Thomas C. & Rosenthal, Lori H., 1996. "Information Bias in Contingent Valuation: Effects of Personal Relevance, Quality of Information, and Motivational Orientation," Journal of Environmental Economics and Management, Elsevier, vol. 30(1), pages 43-57, January.
  4. Kotchen, Matthew J. & Reiling, Stephen D., 2000. "Environmental attitudes, motivations, and contingent valuation of nonuse values: a case study involving endangered species," Ecological Economics, Elsevier, vol. 32(1), pages 93-107, January.
  5. Thomas H. Stevens & Jaime Echeverria & Ronald J. Glass & Tim Hager & Thomas A. More, 1991. "Measuring the Existence Value of Wildlife: What Do CVM Estimates Really Show?," Land Economics, University of Wisconsin Press, vol. 67(4), pages 390-400.
  6. Spash, Clive L., 2002. "Informing and forming preferences in environmental valuation: Coral reef biodiversity," Journal of Economic Psychology, Elsevier, vol. 23(5), pages 665-687, October.
  7. Karl C. Samples & John A. Dixon & KMarcia M. Gowen, 1986. "Information Disclosure and Endangered Species Valuation," Land Economics, University of Wisconsin Press, vol. 62(3), pages 306-312.
  8. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Australian Tropical Reptile Species: Ecological Status, Public Valuation and Attitudes to their Conservation and Commercial Use," Economics, Ecology and Environment Working Papers 51408, University of Queensland, School of Economics.
  9. Richard C. Bishop & Michael P. Welsh, 1992. "Existence Values in Benefit-Cost Analysis and Damage Assessment," Land Economics, University of Wisconsin Press, vol. 68(4), pages 405-417.
  10. Bandara, Ranjith & Tisdell, Clement A., 2004. "Effects of a Change in Abundance of Elephants on Willingness to Pay for their Conservation," Economics, Ecology and Environment Working Papers 48979, University of Queensland, School of Economics.
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Cited by:
  1. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Australian Tropical Reptile Species: Ecological Status, Public Valuation and Attitudes to their Conservation and Commercial Use," Economics, Ecology and Environment Working Papers 51408, University of Queensland, School of Economics.
  2. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Public Support for Sustainable Commercial Harvesting of Wildlife: An Australian Case Study," Economics, Ecology and Environment Working Papers 51418, University of Queensland, School of Economics.

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