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Demand for Diving on Large Ship Artificial Reefs

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  • O. Ashton Morgan
  • D. Matthew Massey
  • William L. Huth

Abstract

Using data drawn from a web-based travel cost survey, we jointly model revealed and stated preference trip count data in an attempt to estimate the recreational use value from diving the intentionally sunk USS Oriskany. Respondents were asked to report their: (1) actual trips from the previous year, (2) anticipated trip in the next year, and (3) anticipated trip next year assuming a second diveable vessel (a Spruance class destroyer) is sunk in the same vicinity. Results from several different model specifications indicate average per-person per-trip use values range from $480 to $750. The “bundling” of a second vessel in the area of the Oriskany to create a multiple-ship artificial reef area adds between $220 and $1,160 per diver per year in value. Key Words: Artificial reefs, diving, recreation demand, combined revealed and stated preferences, non-market valuation

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File URL: http://econ.appstate.edu/RePEc/pdf/wp0909.pdf
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Bibliographic Info

Paper provided by Department of Economics, Appalachian State University in its series Working Papers with number 09-09.

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Date of creation: 2009
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Handle: RePEc:apl:wpaper:09-09

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Postal: Thelma C. Raley Hall, Boone, North Carolina 28608
Phone: 828-262-2148
Fax: 828-262-6105
Web page: http://www.business.appstate.edu/departments/economics/
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  1. Provencher, Bill & Bishop, Richard C., 1997. "An Estimable Dynamic Model of Recreation Behavior with an Application to Great Lakes Angling," Journal of Environmental Economics and Management, Elsevier, vol. 33(2), pages 107-127, June.
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