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Costs of Delaying Conservation: Regulations and the Recreational Values of Exploited and Co-occurring Species

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  • Leif E. Anderson
  • S. Todd Lee
  • Phillip S. Levin

Abstract

Several species of rockfishes (Sebastes spp.) in the Puget Sound of Washington have recently been listed under the Endangered Species Act. Bag limits for rockfishes have been restricted as a result, and recreational by-catch may prompt additional restrictions on trips targeting co-occurring species. A mixed logit model is estimated on discrete choice experiment data in order to simulate the effects of a set of regulations intended to conserve rockfish populations on recreational use values. Measures intended to limit rockfish by-catch mortality are shown to have economic impacts that are orders of magnitude larger than a direct adjustment in rockfish regulations.

Suggested Citation

  • Leif E. Anderson & S. Todd Lee & Phillip S. Levin, 2013. "Costs of Delaying Conservation: Regulations and the Recreational Values of Exploited and Co-occurring Species," Land Economics, University of Wisconsin Press, vol. 89(2), pages 371-385.
    • Handle: RePEc:uwp:landec:v:89:y:2013:ii:1:p:371-385
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    References listed on IDEAS

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    Cited by:

    1. Rambonilaza, Tina & Kerouaz, Fathallah, 2023. "Valuing harvest regulation changes in recreational fisheries with a discrete choice experiment study: What can we learn from a synthetic review?," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 40-54.
    2. Poe, Melissa R. & Levin, Phillip S. & Tolimieri, Nick & Norman, Karma, 2015. "Subsistence fishing in a 21st century capitalist society: From commodity to gift," Ecological Economics, Elsevier, vol. 116(C), pages 241-250.
    3. Alló, Maria & Loureiro, Maria L., 2018. "The impact of illegal harvesting on time preferences and willingness to participate in shellfish resource management," Resource and Energy Economics, Elsevier, vol. 54(C), pages 226-236.

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    More about this item

    JEL classification:

    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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