Social and Behavioral Sciences Commons^™

The Value Of Recreational Fishing In The Irish Marine Waters: A Travel Cost Analysis Using On-Site Count Data Models, Stephen Hynes, Rainey Graeven

Working Papers

This paper’s contribution to the understanding of marine recreational pursuits in Ireland is based on the estimation of the first sea angling demand function. We use this empirical work to inform the more general debate surrounding resource allocation between commercial fisheries and recreational anglers. The study compares the use of Poisson and negative binomial count data models to estimate sea angling trip demand. The models also account for truncation and endogenous stratification; two issues that need to be controlled for when dealing with on-site sampled populations. The models are then used to estimate the mean willingness to pay of the …