Using random utility models to estimate the recreational value of estuarine resources

Yoshiaki Kaoru, V. Kerry Smith, Jin Long Liu

Research output: Contribution to journalArticle

85 Scopus citations

Abstract

In this paper we describe a model using a household production framework to link measures of nonpoint source pollution to fishing quality and a random utility model to describe how that quality influences sport fishing parties’ decisions in North Carolina. The results provide clear support for using a model that evaluates the effects of pollution on the activities and decisions associated with the fishing activity once a trip is taken. Site selection decisions are then conditioned on the anticipated quality of fishing sites. The framework also has the advantage of linking the spatial, technical, and economic information required to evaluate the management plans required for estuaries under the National Estuarine Program.

Original languageEnglish (US)
Pages (from-to)141-151
Number of pages11
JournalAmerican Journal of Agricultural Economics
Volume77
Issue number1
DOIs
StatePublished - Feb 1995

Keywords

  • Nonpoint source pollution
  • Random utility model
  • Sport fishing

ASJC Scopus subject areas

  • Agricultural and Biological Sciences (miscellaneous)
  • Economics and Econometrics

Fingerprint Dive into the research topics of 'Using random utility models to estimate the recreational value of estuarine resources'. Together they form a unique fingerprint.

  • Cite this