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Valuation of management policies for sport-fishing on Sweden's Kaitum river

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  • Anton Paulrud
  • Thomas Laitila

Abstract

In addition to its empirical results, this paper makes three distinct contributions to the literature on valuing fishing recreation by stated preference methods. In particular, the paper proposes a new approach to designing a choice experiment, called 'approximate minimax design'. It employs the latest advances in optimal design theory and is much easier to compute than the ordinary minimax design. Second, the choice-experiments are embedded in a trip frequency model, such that the changes in trip frequency can be predicted from improved fish management. Most importantly, the approach proposed in the paper provides a first step in developing dynamic fish management models, because the policies analysed may change the age-structure of the stock. The paper also contributes with new results on anglers' valuations of angling site characteristics. They conform to traditionally obtained results but also show some unexpected results. In particular, the result does not indicate a difference in the valuation of the species caught. As expected, the application shows that the marginal value of trophy-fish is high.

Suggested Citation

  • Anton Paulrud & Thomas Laitila, 2004. "Valuation of management policies for sport-fishing on Sweden's Kaitum river," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 47(6), pages 863-879.
  • Handle: RePEc:taf:jenpmg:v:47:y:2004:i:6:p:863-879
    DOI: 10.1080/0964056042000284875
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    References listed on IDEAS

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    1. 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.
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    Cited by:

    1. Halkos, George, 2013. "The relationship between people’s attitude and willingness to pay for river conservation," MPRA Paper 50560, University Library of Munich, Germany.
    2. Ing-Marie Gren & Kerstin Holmgren & Willem Goedkoop, 2023. "Fishing motives and economic effects of climate change: an application on Arctic char in northern Sweden," Journal of Bioeconomics, Springer, vol. 25(3), pages 203-223, December.

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