Water Resources Research · 1992 · 78 citations · 21 references
Natural ResourcesNatural Resource EconomicsWater Resources ManagementEnvironmental EconomicsEnvironmental ValuationResource ValuationRecreation PolicyWater EconomicsWater Resource EconomicsWater Resource Management DecisionsWater Resource ValuationWildlife EconomicsRecreation Benefit ValuationRecreation Demand EstimationRecreation Demand ValuationRecreation Value AssessmentSite Selection ModelsTrip Frequency ModelingWater Resource AvailabilityWildlife Viewing Economics
The recreational benefits from providing increased quantities of water to wildlife and fisheries habitats is estimated using linked multinomial logit site selection models and count data trip frequency models. The study encompasses waterfowl hunting, fishing and wildlife viewing at 14 recreational resources in the San Joaquin Valley, including the National Wildlife Refuges, the State Wildlife Management Areas, and six river destinations. The economic benefits of increasing water supplies to wildlife refuges were also examined by using the estimated models to predict changing patterns of site selection and overall participation due to increases in water allocations. Estimates of the dollar value per acre foot of water are calculated for increases in water to refuges. The resulting model is a flexible and useful tool for estimating the economic benefits of alternative water allocation policies for wildlife habitat and rivers.
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John G. Cragg, Paul Zarembka · Canadian Journal of Economics/Revue canadienne d économique · 1975 · 8.4K citations
Econometric Models of Probabilistic Choice
Daniel McFadden · Medical Entomology and Zoology · 1981 · 1.8K citations