Record Details
Field | Value |
---|---|
Title | How Do Harvest Rates Affect Angler Trip Behavior? |
Names |
Lew, Daniel
(creator) Larson, Douglas (creator) |
Date Issued | 2010 (iso8601) |
Note | Abstract only. |
Abstract | Incorporating catch or harvest rate information in repeated-choice recreation fishing demand models is challenging, since multiple sources of information may be available and detail on how harvest rates change within a season is often lacking. This paper develops a framework for evaluating which source(s) of information should be used to improve predictions of the observed patterns of fishery participation and trip frequency. In an application to saltwater salmon fishing in Alaska, a repeated mixed logit model of trip frequency and distribution is estimated jointly with individual-specific angler shadow values of time, and we find that both of the two available harvest rate information sources contribute to better predictions and should be used. In addition, information on whether a species is being targeted makes a significant improvement to model performance. Model tests indicate that (a) non-targeted species have a significant marginal utility; and (b) it is different from the marginal utility of targeted species. The median value of a fishing choice occasion is approximately $50 per angler, which translates to a season of fishing being valued at approximately $2,500 on average. |
Genre | Other |
Topic | Fisheries Economics |
Identifier | Lew, Daniel and Douglas Larson. 2010. How Do Harvest Rates Affect Angler Trip Behavior? In: Proceedings of the Fifteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 13-16, 2010, Montpellier, France: Economics of Fish Resources and Aquatic Ecosystems: Balancing Uses, Balancing Costs. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2010. |