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Artificial Reef Attributes and The Relationship With Natural Reefs: Evidence From The Florida Keys

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  • William L. Huth
  • O. Ashton Morgan
  • Paul Hindsley
  • Chris Burkhart

Abstract

Natural or coral reefs represent extremely valuable ecosystems supporting an estimated 25 percent of all marine life, yet recent reports suggest that 75 percent of the world’s natural reefs are under threat from both natural and human stressors. In areas such as Key West, Florida, that boasts an expansive mix of natural and artificial reefs, recreational diving on the system provides an important economic contribution to the local community but also potentially contributes to the stress of the existing natural reef system. We develop a revealed and stated preference modeling framework of diver behavior and find that deployment of an additional large ship reef increases overall diving activity but does not impact diving behavior on the natural reef system. We also investigate potential diver behavior heterogeneity in response to the new reef and find that diver beliefs on the role of human stressors can alter diving behavior. Key Words:

Suggested Citation

  • William L. Huth & O. Ashton Morgan & Paul Hindsley & Chris Burkhart, 2014. "Artificial Reef Attributes and The Relationship With Natural Reefs: Evidence From The Florida Keys," Working Papers 14-13, Department of Economics, Appalachian State University.
    • Handle: RePEc:apl:wpaper:14-13
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    File URL: http://econ.appstate.edu/RePEc/pdf/wp1413.pdf
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    References listed on IDEAS

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    Cited by:

    1. Paul A. Hindsley & O. Ashton Morgan, 2020. "The Role of Cultural Worldviews in Willingness to Pay for Environmental Policy," Working Papers 20-03, Department of Economics, Appalachian State University.

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