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Volume 13, Number 1, 1998 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/28192
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| Title: | DERIVING SPECIES-SPECIFIC BENEFITS MEASURES FOR EXPECTED CATCH IMPROVEMENTS IN A RANDOM UTILITY FRAMEWORK |
| Authors: | Schuhmann, Peter W. |
| Issue Date: | 1998 |
| Abstract: | A random utility model of site choice is applied to marine recreational fishing trips in North Carolina. Expectations of catch rates of different species groups are estimated using a Poisson specification. A likelihood ratio test is employed to separate the expected catch of red drum (Scianops ocellatus) from a larger species group. Per trip measures of compensating variation are measured for two alternative specifications of an improvement in red drum catch, and the catch of other species groups. Willingness-to-pay measures are reported by fishing mode according to target species. Anglers targeting a particular species have higher willingness-to-pay than anglers targeting a different species, and anglers with any target have higher willingness-to-pay than anglers with no target. |
| URI: | http://purl.umn.edu/28192 |
| Institution/Association: | Marine Resource Economics>Volume 13, Number 1, 1998 |
| Total Pages: | 21 |
| Language: | English |
| From Page: | 1 |
| To Page: | 21 |
| Collections: | Volume 13, Number 1, 1998
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