The contingent behavior of charter fishing participants on the Chesapeake Bay: Welfare estimates associated with water quality improvements
Journal of Environmental Planning and Management
By: P.J. Poor and M. Breece
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Abstract
Water quality in the Chesapeake Bay has deteriorated over recent years. Historically, fishing has contributed to the region's local economy in terms of commercial and recreational harvests. A contingent behavior model is used to estimate welfare measures for charter fishing participants with regard to a hypothetical improvement in water quality. Using a truncated Poisson count model corrected for endogenous stratification, it was found that charter fishers not only contribute to the local market economy, but they also place positive non-market value on preserving the Bay's water quality. Using two estimates for travels costs it is estimated that the individual consumer surplus is $200 and $117 per trip, and the average individual consumer surplus values for an improvement in water quality is $75 and $44 for two models estimated. ?? 2006 University of Newcastle upon Tyne.
| Publication type | Article |
|---|---|
| Publication Subtype | Journal Article |
| Title | The contingent behavior of charter fishing participants on the Chesapeake Bay: Welfare estimates associated with water quality improvements |
| Series title | Journal of Environmental Planning and Management |
| DOI | 10.1080/09640560500508064 |
| Volume | 49 |
| Issue | 2 |
| Year Published | 2006 |
| Language | English |
| Larger Work Type | Article |
| Larger Work Subtype | Journal Article |
| Larger Work Title | Journal of Environmental Planning and Management |
| First page | 265 |
| Last page | 278 |
| Google Analytic Metrics | Metrics page |