An Economic Analysis of the Influence of Different Attitudes Toward Game Animals: Emphasizing the Significance of Large Carnivores
This paper investigates the influence of a change in attitude toward the sustainableresource use of wild animals that exist under a prey–predator relationship. We builda theoretical model in which use value (price value) and non-use value (for example,existence value) are incorporated; we then conduct a numerical simulation to examineseveral cases with varying values. The primary results are as follows. Firstly, we reaffirmthat it is important for people to value prey as well as predators in order to maintain aviable population. Secondly, as the willingness to pay for the prey increases relative tothe price of the prey, the amount of the resource will be prioritized over the amount of theharvest. Thirdly, the minimum/maximum price may be required for resource conservationand conservation rather than protection is required even if the willingness to pay for theprey increases. Finally, the existence of the predator is desirable in that it improves theoptimal resource level of the prey.
Volume (Year): 6 (2007)
Issue (Month): 2 (January)
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- Hoekstra, Jeljer & van den Bergh, Jeroen C.J.M., 2005. "Harvesting and conservation in a predator-prey system," Journal of Economic Dynamics and Control, Elsevier, vol. 29(6), pages 1097-1120, June.
- H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62, pages 124.
- David Finnoff & John Tschirhart, 2003. "Protecting an Endangered Species While Harvesting Its Prey in a General Equilibrium Ecosystem Model," Land Economics, University of Wisconsin Press, vol. 79(2), pages 160-180.
- Clark, Colin W, 1973. "Profit Maximization and the Extinction of Animal Species," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 950-61, July-Aug..
- Alexander, Robert R., 2000. "Modelling species extinction: the case for non-consumptive values," Ecological Economics, Elsevier, vol. 35(2), pages 259-269, November.
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