IDEAS home Printed from https://ideas.repec.org/a/ags/wjagec/32315.html
   My bibliography  Save this article

Valuing Wildlife Management: A Utah Deer Herd

Author

Listed:
  • Keith, John E.
  • Lyon, Kenneth S.

Abstract

Managers of public wildlife resources generally are concerned with enhancing the quality of recreation by increasing wildlife through habitat manipulation. However, current recreation valuation studies have focused upon variables that are inappropriate for use in these management decisions. The economic criterion for these decisions should be the value of a change in the stock of the wildlife population compared to its cost. An estimate of such a value was made for the Oak Creek deer herd in Utah, using a household production function approach in an optimal control framework. The value of an additional deer in the herd was estimated to be approximately $40.00.

Suggested Citation

  • Keith, John E. & Lyon, Kenneth S., 1985. "Valuing Wildlife Management: A Utah Deer Herd," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 10(2), pages 1-7, December.
    • Handle: RePEc:ags:wjagec:32315
    DOI: 10.22004/ag.econ.32315
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/32315/files/10020216.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.32315?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Crutchfield, Stephen R., 1983. "A bioeconomic model of an international fishery," Journal of Environmental Economics and Management, Elsevier, vol. 10(4), pages 310-328, December.
    2. Sandra S. Batie & Leonard Shabman, 1979. "Valuing Nonmarket Goods—Conceptual and Empirical Issues: Discussion," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(5), pages 931-932.
    3. McConnell, Kenneth E. & Sutinen, Jon G., 1979. "Bioeconomic models of marine recreational fishing," Journal of Environmental Economics and Management, Elsevier, vol. 6(2), pages 127-139, June.
    4. Bockstael, Nancy E. & McConnell, Kenneth E., 1981. "Theory and estimation of the household production function for wildlife recreation," Journal of Environmental Economics and Management, Elsevier, vol. 8(3), pages 199-214, September.
    5. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132-132.
    6. Lee G. Anderson, 1982. "The Share System in Open-Access and Optimally Regulated Fisheries," Land Economics, University of Wisconsin Press, vol. 58(4), pages 435-449.
    7. Pollak, Robert A & Wachter, Michael L, 1975. "The Relevance of the Household Production Function and Its Implications for the Allocation of Time," Journal of Political Economy, University of Chicago Press, vol. 83(2), pages 255-277, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jensen, Frank & Jacobsen, Jette Bredahl & Thorsen, Bo Jellesmark, 2016. "Designing hunting regulation under population uncertainty and self-reporting," Journal of Forest Economics, Elsevier, vol. 24(C), pages 157-171.
    2. Young, Ralph, 1991. "The Economic Significance of Environmental Resources: A Review of the Evidence," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 59(03), pages 1-26, December.
    3. Kurt Schwabe & Peter Schuhmann & Roy Boyd & Khosrow Doroodian, 2001. "The Value of Changes in Deer Season Length: An Application of the Nested Multinomial Logit Model," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(2), pages 131-147, June.
    4. Timothy Park & John Loomis, 1996. "Joint estimation of contingent valuation survey responses," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 7(2), pages 149-162, March.
    5. Joseph Cooper, 1993. "A bioeconomic model for estimating the optimal level of deer and tag sales," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 3(6), pages 563-579, December.
    6. Herruzo, A.C. & Martínez-Jauregui, M. & Carranza, J. & Campos, P., 2016. "Commercial income and capital of hunting: an application to forest estates in Andalucía," Forest Policy and Economics, Elsevier, vol. 69(C), pages 53-61.
    7. Huffaker, Ray G. & Wilen, James E. & Gardner, B. Delworth, 1990. "A Bioeconomic Livestock/ Wild Horse Trade-Off Mechanism For Conserving Public Rangeland Vegetation," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 15(1), pages 1-10, July.
    8. Meyer, Kevin Michael, 2017. "Three essays on environmental and resource economics," ISU General Staff Papers 201701010800006585, Iowa State University, Department of Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. James J. Heckman, 2015. "Introduction to A Theory of the Allocation of Time by Gary Becker," Economic Journal, Royal Economic Society, vol. 0(583), pages 403-409, March.
    2. Pang, Arwin, 2017. "Incorporating the effect of successfully bagging big game into recreational hunting: An examination of deer, moose and elk hunting," Journal of Forest Economics, Elsevier, vol. 28(C), pages 12-17.
    3. LaFrance, Jeffrey T., 1999. "U.S. Food and Nutrient Demand and the Effects of Agricultural Policies," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt52h9v4dq, Department of Agricultural & Resource Economics, UC Berkeley.
    4. Richards Timothy J. & Mancino Lisa & Nganje William, 2012. "Nutrient Demand in Food Away from Home," Forum for Health Economics & Policy, De Gruyter, vol. 15(2), pages 1-31, April.
    5. W. Bowman Cutter & Linwood Pendleton & J. R. DeShazo, 2007. "Activities in Models of Recreational Demand," Land Economics, University of Wisconsin Press, vol. 83(3), pages 370-381.
    6. Cherchye, Laurens & De Rock, Bram & Vermeulen, Frederic, 2015. "A simple identification strategy for Gary Becker’s time allocation model," Economics Letters, Elsevier, vol. 137(C), pages 187-190.
    7. Mohamed Nagy Eltony, 2012. "On Fuel Subsidies for Transportation Sector in Kuwait," Working Papers 687, Economic Research Forum, revised 2012.
    8. LaFrance, Jeffrey T., 2000. "Duality Theory For The Household," CUDARE Working Papers 25058, University of California, Berkeley, Department of Agricultural and Resource Economics.
    9. repec:eee:labchp:v:1:y:1986:i:c:p:273-304 is not listed on IDEAS
    10. McConnell, Kenneth E., 1979. "Values Of Marine Recreational Fishing Measurement And Impact Of Measurement," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 278310, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Jean-Pierre Faugère, 1980. "L'allocation du temps entre travail domestique et travail marchand : discussion autour d'un modèle," Revue Économique, Programme National Persée, vol. 31(2), pages 313-346.
    12. Mark D. Agee & Scott E. Atkinson & Thomas D. Crocker, 2008. "Multiple‐Output Child Health Production Functions: The Impact of Time‐Varying and Time‐Invariant Inputs," Southern Economic Journal, John Wiley & Sons, vol. 75(2), pages 410-428, August.
    13. Mark D. Agee & Scott E. Atkinson & Thomas D. Crocker, 2009. "Multiple‐Output Child Health Production Functions: The Impact of Time‐Varying and Time‐Invariant Inputs," Southern Economic Journal, John Wiley & Sons, vol. 75(3), pages 909-927, January.
    14. Bender, Ruth Larson, 1984. "Habitat characteristics and pheasant hunting participation: a household production function application," ISU General Staff Papers 1984010108000017521, Iowa State University, Department of Economics.
    15. Lew, Daniel K., 1999. "Multi-Purpose Trip Valuation in Recreation Demand Models: Some Methodological Approaches," 1999 Annual meeting, August 8-11, Nashville, TN 271486, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    16. Huffman, Wallace E., 2011. "Household Production and the Demand for Food and Other Inputs: U.S. Evidence," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 36(3), pages 1-23, December.
    17. Contoyannis, Paul & Jones, Andrew M., 2004. "Socio-economic status, health and lifestyle," Journal of Health Economics, Elsevier, vol. 23(5), pages 965-995, September.
    18. Sergio Jara-Díaz, 2003. "On the goods-activities technical relations in the time allocation theory," Transportation, Springer, vol. 30(3), pages 245-260, August.
    19. MacKenzie, John & Weaver, Thomas F., 1986. "A Household Production Analysis Of Fuelwood Demand In Rhode Island," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 15(1), pages 1-8, April.
    20. Sanchis, Raúl G., 2023. "Towards a general equilibrium theory of allocation of time for the digital revolution era," Technology in Society, Elsevier, vol. 72(C).
    21. Syed Nisar Hussain Hamdani & Eatzaz Ahmad, 2002. "Towards Divine Economics: Some Testable Propositions," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 41(4), pages 609-626.

    More about this item

    Keywords

    Resource /Energy Economics and Policy;

    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:ags:wjagec:32315. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/waeaaea.html .

    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.