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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
The Gap Between Science And Policy: Assessing The Use Of Non-Market Valuation In Estuarine Management, Jing Guo, Dr. Judith T. Kildow
The Gap Between Science And Policy: Assessing The Use Of Non-Market Valuation In Estuarine Management, Jing Guo, Dr. Judith T. Kildow
Working Papers
Estuaries, which are among the most productive natural systems on earth, provide an array of human welfare benefits if well managed. Non-market valuation (NMV) is considered a powerful tool, which can contribute to informed policies for estuarine management. More than 30 year of research valuing estuaries around the world does not appear to have had a major impact on estuarine management. Published examples of policy applications using estimates from these studies, are rare, leading to the question whether the effort and money spent on this research has been useful and worth the cost. Despite raising public awareness of the importance …
The Impact Of Surf Breaks On Home Prices In Santa Cruz, Ca, Jason Scorse, Frank Reynolds, Amada Sackett
The Impact Of Surf Breaks On Home Prices In Santa Cruz, Ca, Jason Scorse, Frank Reynolds, Amada Sackett
Working Papers
The growing field of “surfonomics” attempts to document surfing’s economic contribution to local and regional communities, as well the consumer surplus surf breaks provide to millions of surfers. To date, no research has examined the extent to which the value of surf breaks is capitalized into home prices. This study uses the hedonic price method with data from three distinct beach-adjacent neighborhoods in Santa Cruz, CA to estimate whether proximity to surf breaks leads to higher home values. We find that after controlling for proximity to the beach, ocean views, the specific characteristics of the homes, and neighborhood effects, that …