Joint Estimation of Revealed and Stated Preference Data: An Application to Recreational Red Snapper Valuation

Joint Estimation of Revealed and Stated Preference Data: An Application to Recreational Red Snapper Valuation

Primary Country: United States
Ecosystem: species
Sample Value Estimates:
  1. $9.85: WTP to maintain current catch rates of recreational red snapper fishing using travel cost method
  2. $3.65: WTP for an additional one fish using travel cost
  3. $85.70: WTP to maintain current catch rates of recreational red snapper fishing using contingent valuation method
  4. $31.74: WTP for an additional one fish using contingent valuation
Methodology: travel cost, contingent valuation
Region: Americas / Atlantic
Data source: This source provided by Salman Hussain at the Scottish Agricultural College.

Publication information

Gillig, Dhazn Woodward, RichardTeofilo Ozuna, Jr.Griffin, Wade L. “Joint Estimation of Revealed and Stated Preference Data: An Application to Recreational Red Snapper Valuation” Agricultural and Resource Economics Review, 2003

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