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Full-Text Articles in Physical Sciences and Mathematics

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, …


The Evolution Of Non-Market Valuation Of U.S. Coastal And Marine Resources, Douglas Lipton, Dan K. Lew, Kristy Wallmo, Peter Wiley, Anthony Dvarskas Feb 2015

The Evolution Of Non-Market Valuation Of U.S. Coastal And Marine Resources, Douglas Lipton, Dan K. Lew, Kristy Wallmo, Peter Wiley, Anthony Dvarskas

Journal of Ocean and Coastal Economics

At the federal level, particularly within the National Oceanic and Atmospheric Administration (NOAA), regulatory and programmatic needs have driven the continued development and application of non-market valuation approaches to marine and coastal resources. The evolution of these valuation approaches not only entails adopting the recommendations of the 1993 NOAA blue ribbon panel on contingent valuation, but also an expansion of stated preference approaches with increased use of stated preference choice experiments. Revealed preference approaches have also advanced with more sophisticated random utility models. We provide an overview of this evolution in the areas of natural resources damage assessment, protected resources, …