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A Comparison Of Stated And Revealed Preference Methods For Fisheries Management

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  • Hicks, Robert L.

Abstract

In this paper, we compare revealed and stated preference methods for anglers' preferences for various fisheries management measures. Using random utility models of recreation demand, we compare the use of stated and revealed preference methodologies for analyzing fisheries management options. We compare parameter and welfare estimates from the two models.

Suggested Citation

  • Hicks, Robert L., 2002. "A Comparison Of Stated And Revealed Preference Methods For Fisheries Management," 2002 Annual meeting, July 28-31, Long Beach, CA 19853, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea02:19853
    DOI: 10.22004/ag.econ.19853
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    3. Kifle Wondemu, 2016. "The Economic Value of Time: Evidence from Africa," South African Journal of Economics, Economic Society of South Africa, vol. 84(2), pages 230-244, June.
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    5. Hayk Manucharyan, 2020. "How do managers actually choose suppliers? Evidence from revealed preference data," Working Papers 2020-12, Faculty of Economic Sciences, University of Warsaw.
    6. Edoh Y. Amiran & Joni S. James Charles, 2021. "Reconciling revealed and stated measures for willingness to pay in recreation by building a probability model," Papers 2107.14343, arXiv.org.

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