Environmental Economics

Valuation of Environmental Quality at Michigan Recreational Fishing Sites: Methodological Issues and Policy Applications

The researchers develop a random utility model of demand for recreational fishing in Michigan, covering all water bodies and all species types throughout all counties in the state. The purpose of developing the model was to improve fisheries resource management and to perform natural resource damage assessments. Fishing related benefits are expected to represent a substantial portion of total benefits of improvements in water and sediment quality in Michigan because one out of two households have fishing licenses. A travel cost model was designed to value recreational experiences. The objectives of the study were to address key methodological issues associated with implementing random utility models, and to incorporate sufficient data about environmental attributes of sites in the state to perform policy analyses of interest.

  • Keywords

    Subject:
    1. Benefits Analysis
    1. Benefits Analysis - Valuation
    1. Benefits Analysis - Valuation - Revealed Preference
    1. Benefits Analysis - Valuation - Revealed Preference - Travel Cost
    Environmental Media:
    b. Water
    b. Water - Surface
    Authors:
    Jones, Carol
    Sung, Yusen D.
    EPA Project Officer/ Manager:
    Geographic Area:
    Michigan
    Study Purpose:
    Empirical Application, Methodology Development & Evaluation
    Inventory Record #: EE-0289
  • Participating Organizations

    Research Organization:

    Michigan Department of Natural Resources, Fisheries DivisionAddress:
    City: State: ZIP:
    Phone: Fax:
    E-mail:
    Funding Organization:
    Environmental Protection Agency, Office of Policy, Planning and EvaluationAddress:
    City: Washington State: DC ZIP:
    Phone: Fax:
    E-mail:
  • Report Details
    Type:
    Final
    Date:
    09/01/1993
    Number of Pages:
    176
    Comment:
    Grant/Contract #:
    CR-816247-01
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    Date Linked: 12/06/2013