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Investigation of Stated and Revealed Preferences for an Elk Hunting Raffle

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  • Joseph M. Little
  • Kristine M. Grimsrud
  • Patricia A. Champ
  • Robert P. Berrens

Abstract

The charter forest experiment at the Valles Caldera National Preserve (VCNP) in New Mexico provides land managers, policymakers, and researchers a unique opportunity to examine an alternative public land management institution. The VCNP mature bull elk permit lottery has been the largest revenue-generating recreation program at the preserve since the program’s inception in 2002. This paper uses stated and revealed preference ticket purchase data, collected through an online survey, to estimate a set of ticket demand equations for the purpose of assessing revenue generation, access, and the willingness to donate to this program.

Suggested Citation

  • Joseph M. Little & Kristine M. Grimsrud & Patricia A. Champ & Robert P. Berrens, 2006. "Investigation of Stated and Revealed Preferences for an Elk Hunting Raffle," Land Economics, University of Wisconsin Press, vol. 82(4), pages 623-640.
    • Handle: RePEc:uwp:landec:v:82:y:2006:i:4:p:623-640
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    Cited by:

    1. O. Ashton Morgan & D. Matthew Massey & William L. Huth, 2009. "Demand for Diving on Large Ship Artificial Reefs," Working Papers 09-09, Department of Economics, Appalachian State University.
    2. Pang, Arwin, 2017. "Incorporating the effect of successfully bagging big game into recreational hunting: An examination of deer, moose and elk hunting," Journal of Forest Economics, Elsevier, vol. 28(C), pages 12-17.
    3. Little, Joseph & Broadbent, Craig D. & Berrens, Robert P., 2012. "Meta-Analysis of the Probability of Disparity between Actual and Hypothetical Valuation Responses: Extension and Preliminary New Results," Western Economics Forum, Western Agricultural Economics Association, vol. 11(1), pages 1-12.

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    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

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