Changes in sportfishing trip attributes such as cost, harvest regulations, environmental quality, and resource abundance, affect both the expected net benefits associated with a fishing trip and participation decisions. The ability to estimate both of these is important for various types of policy analysis. This study uses stated preference questions of anglers who sport fished in the marine waters off the Kenai Peninsula. Alaska to estimate a nonlinear random effects probit model that expresses both angler net benefits and participation rates as functions of trip attributes. The use of stated preference data along with a nonlinear utility specification allows for the simulation of a wide range of policy scenarios. The study design permits the identification of substitution and complementary effects across fishing trip attributes, as well as nonlinear marginal utility.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by Utah State University, Department of Economics in its series Working Papers with number
2001-03.