The Value of Watchable Wildlife: a Case Study of McNeil River

Creed Clayton, Robert Mendelsohn

Journal of Environmental Management · 1993 · 32 citations · 0 references

DOIFull text

Open access

Concepts

Abstract

This study measures the user value of McNeil River, a bear-watching game sanctuary. The results of contingent valuation questions using both open-ended and discrete choice formats are compared. Adjusting for outliers in all models reveals users are willing to pay an average of between $228 and $277 per person to visit this unique site.