000115514 001__ 115514 000115514 005__ 20210803102323.0 000115514 0247_ $$2doi$$a10.22004/ag.econ.115514 000115514 037__ $$a1169-2016-93264 000115514 041__ $$aeng 000115514 245__ $$aValuing Trout Angling Benefits of Water Quality Improvements while Accounting for Unobserved Lake Characteristics: An Application to the Rotorua Lakes 000115514 260__ $$c2011 000115514 269__ $$a2011 000115514 270__ $$mlam29@students.waikato.ac.nz$$pMkwara, Lena 000115514 270__ $$mdmarsh@waikato.ac.nz$$pMarsh, Dan 000115514 300__ $$a25 000115514 336__ $$aConference Paper/ Presentation 000115514 520__ $$aTrout angling is one of the most popular water-based recreational activities in the Rotorua Lakes. Despite the high demand for trout angling and other recreational purposes, water quality in some of these lakes has been declining over the past decades and initiatives to try to restore the lakes are underway. To compliment these efforts, this study uses the travel cost random utility models to explore how changes in water quality would impact upon angler’s choice of fishing destinations. The welfare impacts due to water quality changes and possible lake closures are also explored. These findings highlight the importance of discrete choice random utility models as a policy decision making tool for recreational-based natural resource managers in New Zealand. Additionally, this study represents one of the unique cases in travel cost random utility applications that accounts fully for unobserved site effects. 000115514 650__ $$aEnvironmental Economics and Policy 000115514 700__ $$aMkwara, Lena Asimenye 000115514 700__ $$aMarsh, Dan 000115514 8564_ $$9a980ee21-98e0-4ac2-b9c0-3291c276cae3$$s905637$$uhttps://ageconsearch.umn.edu/record/115514/files/Mkwara%20and%20Marsh%202.pdf 000115514 887__ $$ahttp://purl.umn.edu/115514 000115514 909CO $$ooai:ageconsearch.umn.edu:115514$$pGLOBAL_SET 000115514 912__ $$nSubmitted by Emily Geck (erag1@waikato.ac.nz) on 2011-09-14T01:39:39Z No. of bitstreams: 1 NZARES 2011 Conference paper vs1.pdf: 883018 bytes, checksum: 09eeb97acc22f10e61eb11d9bb23261d (MD5) 000115514 912__ $$nMade available in DSpace on 2011-09-14T01:39:43Z (GMT). No. of bitstreams: 1 NZARES 2011 Conference paper vs1.pdf: 883018 bytes, checksum: 09eeb97acc22f10e61eb11d9bb23261d (MD5) Previous issue date: 2011 000115514 913__ $$aLicense granted by Emily Geck (erag1@waikato.ac.nz) on 2011-09-14T01:33:03Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (&ldquo;Work&rdquo;). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (&ldquo;University&rdquo;), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author�s Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 000115514 980__ $$a1169 000115514 982__ $$gNew Zealand Agricultural and Resource Economics Society>2011 Conference, August 25-26, 2011, Nelson, New Zealand