The Economics of Fish Consumption Advisories: Insights from Revealed and Stated Preference Data
Measuring how fish consumption advisories affect angler’s utility has proven difficult. Relying on stated preference (SP) data is problematic because of hypothetical bias. Revealed preference (RP) data benefits from using actual behavior; however, co-linearity often makes it difficult to model the array of advisory severity levels across different species and catch rates. The array of advisories also makes traditional joint estimation impractical. This paper describes an alternative joint estimation technique, based on an index of SP parameter, that we used for estimating the effect of fish consumption advisories on the Fox River/Green Bay.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Heng Z. Chen & Stephen R. Cosslett, 1998. "Environmental Quality Preference and Benefit Estimation in Multinomial Probit Models: A Simulation Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(3), pages 512-520.
- Jakus, Paul M & Shaw, W Douglass, 2003.
"Perceived Hazard and Product Choice: An Application to Recreational Site Choice,"
Journal of Risk and Uncertainty,
Springer, vol. 26(1), pages 77-92, January.
- Jakus, Paul M. & Shaw, W. Douglass, 2001. "Perceived Hazard And Product Choice: An Application To Recreational Site Choice," 2001 Annual meeting, August 5-8, Chicago, IL 20772, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- W. Douglass Shaw & Peter Feather, 1999. "Possibilities for Including the Opportunity Cost of Time in Recreation Demand Systems," Land Economics, University of Wisconsin Press, vol. 75(4), pages 592-602.
- Ben-Akiva, Moshe & Morikawa, Takayuki & Shiroishi, Fumiaki, 1992. "Analysis of the reliability of preference ranking data," Journal of Business Research, Elsevier, vol. 24(2), pages 149-164, March.
- Paul M. Jakus & Dimitrios Dadakas & J. Mark Fly, 1998. "Fish Consumption Advisories: Incorporating Angler-Specific Knowledge, Habits, and Catch Rates in a Site Choice Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 1019-1024.
- Parsons, George R. & Jakus, Paul M. & Tomasi, Ted, 1999. "A Comparison of Welfare Estimates from Four Models for Linking Seasonal Recreational Trips to Multinomial Logit Models of Site Choice," Journal of Environmental Economics and Management, Elsevier, vol. 38(2), pages 143-157, September.
- Nicholas E. Flores & Jennifer Thacher, 2002. "Money, Who Needs It? Natural Resource Damage Assessment," Contemporary Economic Policy, Western Economic Association International, vol. 20(2), pages 171-178, 04.
When requesting a correction, please mention this item's handle: RePEc:uwp:landec:v:83:y:2007:i:4:p:600-616. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.