A Contingent Valuation Method (CVM) survey in Alberta, Canada allows estimation of the household willingness to pay (WTP) for enhancements in the province’s extensive sport and recreation programs. The estimated annual WTP of $18.33 per household for small enhancements in the programs far exceeds the estimated willingness to pay of households in the United States to avoid the loss of major league sports teams, as determined in previous CVM studies. Those opposed to gambling, which helps to fund the Alberta programs, are more likely to favor using income taxes to finance expansions.
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Paper provided by Department of Economics, Appalachian State University in its series Working Papers with number
06-14.
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