Information and Wildlife Valuation: Experiments and Policy
An experiment involving 204 residents of Brisbane, Australia is outlined and the results are reported and analysed. Two consecutive surveys of the respondents provide data about their stated knowledge of 23 wildlife species present in tropical Australia, many of which exclusively occur there. In addition, these surveys provide data about the willingness of respondents to pay for the conservation of those species belonging to three taxa: reptiles, mammals, and birds. The respondents’ stated knowledge of the species is compared with their willingness to pay for species’ conservation, and relevant inferences are drawn. When the respondents’ knowledge of the species is experimentally increased in a balanced way, it is found to result in more dispersion (greater discrimination) in respondents’ willingness to contribute to conservation of the different wildlife species in the set considered. A set of factors likely to be important in influencing individuals’ support for the conservation of wildlife species is identified and there is critical comment on recent valuation literature. Both theoretical and policy conclusions are drawn from the results.
|Date of creation:||Aug 2004|
|Date of revision:|
|Contact details of provider:|| Postal: St. Lucia, Qld. 4072|
Phone: +61 7 3365 6570
Fax: +61 7 3365 7299
Web page: http://www.uq.edu.au/economics/index.html
More information through EDIRC
References listed on IDEAS
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.:
- 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.
- 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.
- Andrew Metrick & Martin L. Weitzman, 1998.
"Conflicts and Choices in Biodiversity Preservation,"
Harvard Institute of Economic Research Working Papers
1836, Harvard - Institute of Economic Research.
- 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.
- Bandara, Ranjith & Tisdell, Clement A., 2004. "Effects of a Change in Abundance of Elephants on Willingness to Pay for their Conservation," Economics, Ecology and Environment Working Papers 48979, University of Queensland, School of Economics.
- 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.
- 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.
- 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.
- 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.
- 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.
- Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Australian Tropical Reptile Species: Ecological Status, Public Valuation and Attitudes to their Conservation and Commercial Use," Economics, Ecology and Environment Working Papers 51408, University of Queensland, School of Economics.
When requesting a correction, please mention this item's handle: RePEc:ags:uqseee:51409. 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: (AgEcon Search)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.