کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5052199 1476413 2007 9 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
An empirical study of option prices for hunting permits
موضوعات مرتبط
علوم زیستی و بیوفناوری علوم کشاورزی و بیولوژیک بوم شناسی، تکامل، رفتار و سامانه شناسی
پیش نمایش صفحه اول مقاله
An empirical study of option prices for hunting permits
چکیده انگلیسی

Using data from a 1992 survey of Maine hunters, we estimate the willingness to pay for a program that would eliminate the risk of non-participation in an otherwise lottery-rationed moose hunting system. We develop an empirical model to estimate the option price (OP) hunters have for eliminating this risk, based on survey data. We find an estimated OP to eliminate the non-participation risk associated with the lottery system of over $380. The estimated results are compared with the results of 12 years of management experience. We also provide a modest ex-post analysis and overview of an auction of a small number of licenses occurring since 1998. Based on the estimates from the model and survey data, we believe that moose management strategies in recent years would pass a benefit-cost test.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Ecological Economics - Volume 63, Issues 2–3, 1 August 2007, Pages 476-484
نویسندگان
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