Marine Debris, Beach Quality and Non-Market Values
This paper reports the first attempt to measure the importance of controlling marine debris as an aesthetic characteristic of beaches and coastal area. The results are based on a contingent valuation survey designed to estimate the economic value people would place on controlling marine debris on recreational beaches in New Jersey and North Carolina. A Weibull survival model was estimated treating the for and against votes as defining censoring points for the unknown willingness to pay distribution. The findings suggest: (1) people do distinguish situations with differing amounts of debris when they are described using color photographs; (2) the pilot survey implies measures of people's willingness to pay (WTP) for debris control are consistent wiht larger WTP associated with programs intended to address situations for more serious background levels of debris; and (3) local beach conditions seem to influence how people interpreted the plans describing beach conditions without the proposed control programs.
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|Date of creation:||1995|
|Publication status:||Published in ENVIRONMENTAL AND RESOURCE ECONOMICS, Vol. 10, 1997, pages 223-247|
|Contact details of provider:|| Postal: Department of Economics Duke University 213 Social Sciences Building Box 90097 Durham, NC 27708-0097|
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Web page: http://econ.duke.edu/
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- Kopp, Raymond & Smith, V. Kerry & Mitchell, Robert & Presser, Stanley & Ruud, Paul & Hanemann, W. Michael & Krosnick, Jon & Carson, Richard, 1995.
"Referendum Design and Contingent Valuation: The NOAA Panel's No-Vote Recommendation,"
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- Richard T. Carson & W. Michael Hanemann & Raymond J. Kopp & Jon A. Krosnick & Robert C. Mitchell & Stanley Presser & Paul A. Ruud & Smith, V. Kerry, 1995. "Referendum Design and Contingent Valuation: TheNOAA Panel's No-Vote Recommendation," Working Papers 95-17, Duke University, Department of Economics.
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- V. Kerry Smith, 1993. "Nonmarket Valuation of Environmental Resources: An Interpretive Appraisal," Land Economics, University of Wisconsin Press, vol. 69(1), pages 1-26.
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