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Marine Biology

Center for the Blue Economy

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Contingent valuation

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Full-Text Articles in Life Sciences

The Economic Value Of Sea Otters And Recreational Tourism In A California Estuary, Jessica A. Fujii, Charles S. Colgan, Anthony Castelletto, Michelle M. Staedler, Amy G. Wolfrum, Kyle S. Van Houtan Jun 2023

The Economic Value Of Sea Otters And Recreational Tourism In A California Estuary, Jessica A. Fujii, Charles S. Colgan, Anthony Castelletto, Michelle M. Staedler, Amy G. Wolfrum, Kyle S. Van Houtan

Journal of Ocean and Coastal Economics

The recovery of marine megafauna can lead to improved ecosystem function and services, but not all stakeholders may benefit equally. Quantifying the local economic value of a species’ presence may appeal to broader range of stakeholders when developing conservation strategies. This study aims to examine the economic effect recreational activities can have on a local region, and to determine what role the presence of southern sea otters (Enhydra lutris nereis) had on the value visitors placed on the visit and the area’s preservation. We surveyed visitors to Elkhorn Slough, a small estuary in California known for diverse wildlife, …


Eelgrass Restoration In San Francisco Bay: An Interdisciplinary Stated Preference Classroom Experiment, Camille M. Antinori Apr 2021

Eelgrass Restoration In San Francisco Bay: An Interdisciplinary Stated Preference Classroom Experiment, Camille M. Antinori

Journal of Ocean and Coastal Economics

This paper aims to integrate experiential, interdisciplinary approaches into environmental economics courses through a stated preference analysis for eelgrass beds harboring aquatic plants foundational to many estuaries and coastal zones. It argues that such approaches are necessary in undergraduate education to support real-world needs in oceans and climate policy. Through collaboration with ecologists and peers, students developed willingness-to-pay measures of $35 and $42 for a 10-year restoration program for 200 acres of eelgrass (Zostera marina) in the San Francisco Bay based on open- and closed-ended elicitation formats. The experiment provides an example of overcoming the challenge of orienting …