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Social Values of Biodiversity Conservation for the Endangered Loggerhead Turtle and Monk Seal

  • Pamela Kaval

    ()

    (University of Waikato)

  • Mavra Stithou

    (University of Stirling)

  • Riccardo Scarpa

    (University of Waikato)

The Mediterranean monk seal (Monachus monachus) and the loggerhead turtle (Caretta caretta) are two species on the priority list for conservation in Greece due to their dwindling populations worldwide. Hence the issue of estimating willingness to pay for their conservation is germane to any protection initiative. Zakynthos Island in Greece has created a marine park for the conservation of such species. We report the results of a survey of visitors and residents of this island who were asked about making one-time donations in the form of either a tax for residents or a plane landing fee for tourists. We find that all people were willing to pay to protect these species; however, residents were willing to pay more than tourists. We then tested whether there was a sequence or ordering effect if the seal questions came before the turtles as well as if the turtle questions came before the seals. Such effect was found when turtle questions were presented first, but not when seal questions were presented first. Due to the extensive interest, it is recommended that an increase in the airplane landing fee to Zakynthos could be used to contribute towards funds for loggerhead turtle and monk seal protection.

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File URL: ftp://mngt.waikato.ac.nz/RePEc/wai/econwp/0715.pdf
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Paper provided by University of Waikato, Department of Economics in its series Working Papers in Economics with number 07/15.

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Length: 16 pages
Date of creation: 20 Aug 2007
Date of revision:
Handle: RePEc:wai:econwp:07/15
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  1. Balistreri, Edward J. & Poe, Gregory L. & McClelland, Gary H. & Schulze, William D., 1996. "Can Hypothetical Questions Reveal True Values? A Laboratory Comparison of Dichotomous Choice and Open-Ended Contingent Values with Auction Values," Working Papers 127865, Cornell University, Department of Applied Economics and Management.
  2. Carson, Richard & Flores, Nicholas E. & Hanemann, W. Michael, 1998. "Sequencing and Valuing Public Goods," Journal of Environmental Economics and Management, Elsevier, vol. 36(3), pages 314-323, November.
  3. Togridou, Anatoli & Hovardas, Tasos & Pantis, John D., 2006. "Determinants of visitors' willingness to pay for the National Marine Park of Zakynthos, Greece," Ecological Economics, Elsevier, vol. 60(1), pages 308-319, November.
  4. Bateman, Ian J. & Langford, Ian H. & Turner, R. Kerry & Willis, Ken G. & Garrod, Guy D., 1995. "Elicitation and truncation effects in contingent valuation studies," Ecological Economics, Elsevier, vol. 12(2), pages 161-179, February.
  5. W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
  6. Carson, Richard T & Flores, Nicholas A, 2000. "Contingent Valuation: Controversies and Evidence," University of California at San Diego, Economics Working Paper Series qt75k752s7, Department of Economics, UC San Diego.
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