The value of water levels in water-based recreation: A pooled revealed preference/contingent behavior model

Mark E. Eiswerth, Jeffrey Englin, Elizabeth Fadali, W. Douglass Shaw

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

In this paper we present estimated recreation values for preventing a decline inwater levels at, and even the total loss of, a large western lake that is drying up. We use aPoisson version of the count data travel cost model; however, in addition to and incombination with revealed preference (RP) data, we employ contingent behavior (CB)responses to hypothetical questions on alternative water levels and number of trips. Thepooled model used allows for tests of differences between results using RP and CB data.This particular pooled RP/CB approach has not to our knowledge previously been appliedto examine the values of alternative water quantities in water-based recreation.

Original languageEnglish (US)
Title of host publicationThe Stated Preference Approach to Environmental Valuation
Subtitle of host publicationVolume III: Applications: Benefit-Cost Analysis and Natural Resource Damage Assessment
PublisherTaylor and Francis
Pages65-74
Number of pages10
ISBN (Electronic)9781351881579
ISBN (Print)9780754623342
StatePublished - Jan 1 2018
Externally publishedYes

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ASJC Scopus subject areas

  • Environmental Science(all)

Cite this

Eiswerth, M. E., Englin, J., Fadali, E., & Douglass Shaw, W. (2018). The value of water levels in water-based recreation: A pooled revealed preference/contingent behavior model. In The Stated Preference Approach to Environmental Valuation: Volume III: Applications: Benefit-Cost Analysis and Natural Resource Damage Assessment (pp. 65-74). Taylor and Francis.