IDEAS home Printed from https://ideas.repec.org/a/bla/coecpo/v24y2006i1p144-159.html
   My bibliography  Save this article

Information, Wildlife Valuation, Conservation: Experiments And Policy

Author

Listed:
  • CLEM TISDELL
  • CLEVO WILSON

Abstract

The authors use experimental surveys to investigate the association between individuals' knowledge of particular wildlife species and their stated willingness to allocate funds to conserve each. The nature of variations in these allocations between species (e.g., their dispersion) as participants' knowledge increases is examined. Factors influencing these changes are suggested. Willingness‐to‐pay allocations are found not to measure the economic value of species, but are shown to be policy relevant. The results indicate that poorly known species, e.g., in remote areas, may obtain relatively less conservation support than they deserve. (JEL Q51, Q57, Q58)

Suggested Citation

  • Clem Tisdell & Clevo Wilson, 2006. "Information, Wildlife Valuation, Conservation: Experiments And Policy," Contemporary Economic Policy, Western Economic Association International, vol. 24(1), pages 144-159, January.
  • Handle: RePEc:bla:coecpo:v:24:y:2006:i:1:p:144-159
    DOI: 10.1093/cep/byj014
    as

    Download full text from publisher

    File URL: https://doi.org/10.1093/cep/byj014
    Download Restriction: no

    File URL: https://libkey.io/10.1093/cep/byj014?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. Richard T. Carson & W. Michael Hanemann, & Raymond J. Kopp & Jon A. Krosnick & Robert C. Mitchell & Stanley Presser & Paul A. Rudd & V. Kerry Smith & Michael Conaway & Kerry Martin, 1997. "Temporal Reliability of Estimates from Contingent Valuation," Land Economics, University of Wisconsin Press, vol. 73(2), pages 151-163.
    2. John C. Bergstrom & John R. Stoll & Alan Randall, 1990. "The Impact of Information on Environmental Commodity Valuation Decisions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(3), pages 614-621.
    3. 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.
    4. 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.
    5. 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.
    6. Kevin J. Boyle, 1989. "Commodity Specification and the Framing of Contingent-Valuation Questions," Land Economics, University of Wisconsin Press, vol. 65(1), pages 57-63.
    7. 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.
    8. Jennifer Tkac, 1998. "The Effects of Information on Willingness-to-Pay Values of Endangered Species," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 1214-1220.
    9. Kahneman, Daniel & Knetsch, Jack L., 1992. "Valuing public goods: The purchase of moral satisfaction," Journal of Environmental Economics and Management, Elsevier, vol. 22(1), pages 57-70, January.
    10. 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.
    11. Bandara, Ranjith & Tisdell, Clement A., 2003. "Use and non-use values of wild Asian elephants: A total economic valuation approach," Economics, Ecology and Environment Working Papers 48961, University of Queensland, School of Economics.
    12. 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.
    13. Tisdell, Clement A. & Swarna Nantha, Hemanath & Wilson, Clevo, 2004. "Endangerment and Likeability of Wildlife Species: How Important are they for Proposed Payments for Conservation," Economics, Ecology and Environment Working Papers 51419, University of Queensland, School of Economics.
    14. Blomquist, Glenn C. & Whitehead, John C., 1998. "Resource quality information and validity of willingness to pay in contingent valuation," Resource and Energy Economics, Elsevier, vol. 20(2), pages 179-196, June.
    15. Bateman, Ian J. & Mawby, James, 2004. "First impressions count: interviewer appearance and information effects in stated preference studies," Ecological Economics, Elsevier, vol. 49(1), pages 47-55, May.
    16. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Dependence of public support for survival of wildlife species on their likeability," Economics, Ecology and Environment Working Papers 51413, University of Queensland, School of Economics.
    17. Patricia A. Champ & Nicholas E. Flores & Thomas C. Brown & PJames Chivers, 2002. "Contingent Valuation and Incentives," Land Economics, University of Wisconsin Press, vol. 78(4), pages 591-604.
    18. 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.
    19. Gregory, Robin & Lichtenstein, Sarah & Slovic, Paul, 1993. "Valuing Environmental Resources: A Constructive Approach," Journal of Risk and Uncertainty, Springer, vol. 7(2), pages 177-197, October.
    20. Spash, Clive L., 2000. "Ecosystems, contingent valuation and ethics: the case of wetland re-creation," Ecological Economics, Elsevier, vol. 34(2), pages 195-215, August.
    21. Ian J. Bateman & Richard T. Carson & Brett Day & Michael Hanemann & Nick Hanley & Tannis Hett & Michael Jones-Lee & Graham Loomes, 2002. "Economic Valuation with Stated Preference Techniques," Books, Edward Elgar Publishing, number 2639.
    22. Stephen D. Reiling & Kevin J. Boyle & Marcia L. Phillips & Mark W. Anderson, 1990. "Temporal Reliability of Contingent Values," Land Economics, University of Wisconsin Press, vol. 66(2), pages 128-134.
    23. 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.
    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. Ahtiainen, Heini & Tienhaara, Annika & Pouta, Eija & Czajkowski, Mikolaj, 2017. "Role of information in the valuation of unfamiliar goods – the case of genetic resources in agriculture," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 261423, European Association of Agricultural Economists.
    2. R. Martínez-Espiñeira, 2007. "‘Adopt a Hypothetical Pup’: A Count Data Approach to the Valuation of Wildlife," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(2), pages 335-360, June.
    3. Tisdell, Clem & Nantha, Hemanath Swarna & Wilson, Clevo, 2007. "Endangerment and likeability of wildlife species: How important are they for payments proposed for conservation?," Ecological Economics, Elsevier, vol. 60(3), pages 627-633, January.
    4. Upton, Vincent & Dhubháin, Áine Ní & Bullock, Craig, 2012. "Preferences and values for afforestation: The effects of location and respondent understanding on forest attributes in a labelled choice experiment," Forest Policy and Economics, Elsevier, vol. 23(C), pages 17-27.
    5. Shreedhar, Ganga & Mourato, Susana, 2019. "Experimental Evidence on the Impact of Biodiversity Conservation Videos on Charitable Donations," Ecological Economics, Elsevier, vol. 158(C), pages 180-193.
    6. Scholte, Samantha S.K. & van Teeffelen, Astrid J.A. & Verburg, Peter H., 2015. "Integrating socio-cultural perspectives into ecosystem service valuation: A review of concepts and methods," Ecological Economics, Elsevier, vol. 114(C), pages 67-78.
    7. Ruiz-Frau, A. & Krause, T. & Marbà , N., 2018. "The use of sociocultural valuation in sustainable environmental management," Ecosystem Services, Elsevier, vol. 29(PA), pages 158-167.
    8. Tisdell, Clem & Wilson, Clevo, 2014. "Three Questionnaires Used in Evaluating the Economics of Conserving Australia's Tropical Wildlife Species and the Procedures Adopted," Economics, Ecology and Environment Working Papers 163697, University of Queensland, School of Economics.
    9. Elena Ojea & Maria L. Loureiro, 2009. "Valuation Of Wildlife: Revising Some Additional Considerations For Scope Tests," Contemporary Economic Policy, Western Economic Association International, vol. 27(2), pages 236-250, April.
    10. Diriye, Abdishakur W. & Jama, Osman M. & Diriye, Jama Warsame & Abdi, Abdulhakim M., 2022. "Public preference for sustainable land use policies – Empirical results from multinomial logit model analysis," Land Use Policy, Elsevier, vol. 114(C).
    11. Jin, Jianjun & Wang, Zhishi & Liu, Xuemin, 2008. "Valuing black-faced spoonbill conservation in Macao: A policy and contingent valuation study," Ecological Economics, Elsevier, vol. 68(1-2), pages 328-335, December.

    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. Tisdell, Clem & Wilson, Clevo & Swarna Nantha, Hemanath, 2008. "Contingent valuation as a dynamic process," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(4), pages 1443-1458, August.
    2. Tisdell, Clement A. & Wilson, Clevo, 2004. "Information and Wildlife Valuation: Experiments and Policy," Economics, Ecology and Environment Working Papers 51409, University of Queensland, School of Economics.
    3. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2005. "Dynamic Processes in the Contingent Valuation of an Endangered Mammal Species," Economics, Ecology and Environment Working Papers 55064, University of Queensland, School of Economics.
    4. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Dependence of public support for survival of wildlife species on their likeability," Economics, Ecology and Environment Working Papers 51413, University of Queensland, School of Economics.
    5. Tisdell, Clement A. & Wilson, Clevo, 2004. "Knowledge and Willingness to Pay for the Conservation of Wildlife Species: Experimental Results Evaluating Australian Tropical Species," Economics, Ecology and Environment Working Papers 51293, University of Queensland, School of Economics.
    6. Tisdell, Clement A., 2003. "Influences of Knowledge of Wildlife Species on Patterns of Willingness to pay for their Conservation," Economics, Ecology and Environment Working Papers 48972, University of Queensland, School of Economics.
    7. Li, Xiaoshu & Boyle, Kevin J. & Pullis, Genevieve, 2012. "Does On-site Experience Affect Responses to Stated Preference Questions?," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124991, Agricultural and Applied Economics Association.
    8. Robert W. Kling & Charles F. Revier & Karin Sable, 2004. "Estimating the Public Good Value of Preserving a Local Historic Landmark: The Role of Non-substitutability and Citizen Information," Urban Studies, Urban Studies Journal Limited, vol. 41(10), pages 2025-2041, September.
    9. Tisdell, Clement A. & Swarna Nantha, Hemanath, 2005. "Comparison of Funding and Demand for the Conservation of the Charismatic Koala with those for the Critically Endangered Wombat Lasiorhinus krefftii," Economics, Ecology and Environment Working Papers 55067, University of Queensland, School of Economics.
    10. Veisten, Knut, 2007. "Contingent valuation controversies: Philosophic debates about economic theory," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(2), pages 204-232, April.
    11. Hoehn, John P. & Randall, Alan, 2002. "The effect of resource quality information on resource injury perceptions and contingent values," Resource and Energy Economics, Elsevier, vol. 24(1-2), pages 13-31, February.
    12. Richard T. Carson, 2011. "Contingent Valuation," Books, Edward Elgar Publishing, number 2489.
    13. Arvin B. Vista & Randall S. Rosenberger & Alan R. Collins, 2009. "If You Provide It, Will They Read It? Response Time Effects in a Choice Experiment," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 57(3), pages 365-377, September.
    14. Ressurreição, Adriana & Gibbons, James & Dentinho, Tomaz Ponce & Kaiser, Michel & Santos, Ricardo S. & Edwards-Jones, Gareth, 2011. "Economic valuation of species loss in the open sea," Ecological Economics, Elsevier, vol. 70(4), pages 729-739, February.
    15. Schlapfer, Felix, 2008. "Contingent valuation: A new perspective," Ecological Economics, Elsevier, vol. 64(4), pages 729-740, February.
    16. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2005. "Public Choice of Species for the Ark: Phylogenetic Similarity and Preferred Wildlife Species for Survival," Economics, Ecology and Environment Working Papers 54349, University of Queensland, School of Economics.
    17. Wang, Xi & Curtis, Kynda R. & Moeltner, Klaus, 2011. "Modeling the Impact of New Information on Consumer Preferences for Specialty Meat Products," 2011 Conference (55th), February 8-11, 2011, Melbourne, Australia 100540, Australian Agricultural and Resource Economics Society.
    18. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Comparative Public Support for Conserving Reptile Species is High: Australian Evidence and its Implications," Economics, Ecology and Environment Working Papers 51412, University of Queensland, School of Economics.
    19. Menzel, Susanne & Wiek, Arnim, 2009. "Valuation in morally charged situations: The role of deontological stances and intuition for trade-off making," Ecological Economics, Elsevier, vol. 68(8-9), pages 2198-2206, June.
    20. Li, Xiaoshu & Boyle, Kevin J. & Holmes, Thomas P. & LaRouche, Genevieve Pullis, 2014. "The effect of on-site forest experience on stated preferences for low-impact timber harvesting programs," Journal of Forest Economics, Elsevier, vol. 20(4), pages 348-362.

    More about this item

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government 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:bla:coecpo:v:24:y:2006:i:1:p:144-159. 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: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/weaaaea.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.