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Volume 26, Number 3, 2011 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/121874
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| Title: | Valuing Bag Limits in the North Carolina Charter Boat Fishery with Combined Revealed and Stated Preference Data |
| Authors: | Whitehead, John C.
Dumas, Christopher F.
Landry, Craig E.
Herstine, Jim |
| Authors (Email): | Whitehead, John C. (whiteheadjc@appstate.edu)
Dumas, Christopher F. (dumasc@uncw.edu)
Landry, Craig E. (landryc@ecu.edu)
Herstine, Jim (herstinej@uncw.edu) |
| Keywords: | Recreation demand
revealed preference
stated preference
charter fishing |
| JEL Codes: | Q22
Q26
Q51 |
| Issue Date: | 2011-09-24 |
| Series/Report no.: | Marine Resource Economics
Volume 26 No. 3 |
| Abstract: | We use telephone survey data on charter boat anglers to estimate demand models to value snapper-grouper and king mackerel bag limits in the North Carolina for-hire fishery. The telephone survey presents respondents with hypothetical situations about higher charter fees and lower snapper-grouper and king mackerel bag limits and asks about the number of trips they would take in each situation. Stated preference trip responses are used in a jointly estimated revealed and stated preference demand model. We find that reduction in the snapper-grouper bag limit from 15 to 7 fish would reduce the annual aggregate value of charter boat fishing by 29% due to quality effects. The reduction in the snapper-grouper bag limit would reduce the number of charter boat fishing trips by 25%. |
| URI: | http://purl.umn.edu/121874 |
| Identifiers: | 0738-1360 |
| Institution/Association: | Marine Resource Economics>Volume 26, Number 3, 2011 |
| Total Pages: | 9 |
| From Page: | 233 |
| To Page: | 241 |
| Collections: | Volume 26, Number 3, 2011
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| 07-WHITEHEAD 9-21-11.pdf | | 533Kb | PDF | View/Open |
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