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The New Carissa Shipwreck: Aesthetic Impact On Coastal Recreation

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  • Freeman, Miranda
  • Dunford, Richard W.

Abstract

This paper uses a combination of techniques, including a stated-preference survey, random utility model, visitor count study, and benefits transfer, to estimate the aesthetic impact of the New Carissa shipwreck on coastal recreation. To our knowledge, this is the first study ever conducted on the recreation impacts of a shipwreck.

Suggested Citation

  • Freeman, Miranda & Dunford, Richard W., 2003. "The New Carissa Shipwreck: Aesthetic Impact On Coastal Recreation," 2003 Annual meeting, July 27-30, Montreal, Canada 22139, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea03:22139
    DOI: 10.22004/ag.econ.22139
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    References listed on IDEAS

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    1. Yoshiaki Kaoru & V. Kerry Smith & Jin Long Liu, 1995. "Using Random Utility Models to Estimate the Recreational Value of Estuarine Resources," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(1), pages 141-151.
    2. V. Smith & Xiaolong Zhang & Raymond Palmquist, 1997. "Marine Debris, Beach Quality, and Non-Market Values," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 10(3), pages 223-247, October.
    3. Rowe, Robert D. & D'Arge, Ralph C. & Brookshire, David S., 1980. "An experiment on the economic value of visibility," Journal of Environmental Economics and Management, Elsevier, vol. 7(1), pages 1-19, March.
    4. McFadden, Daniel, 1974. "The measurement of urban travel demand," Journal of Public Economics, Elsevier, vol. 3(4), pages 303-328, November.
    5. George R. Parsons & Michael S. Needelman, 1992. "Site Aggregation in a Random Utility Model of Recreation," Land Economics, University of Wisconsin Press, vol. 68(4), pages 418-433.
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