Physical Sciences and Mathematics Commons^™

A Comparison Of Consumer's Surplus And Monopoly Revenue Estimates Of Recreational Value For Two Utah Waterfowl Marshes, C. Holden Brink

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Demand curves were estimated for waterfowl hunting and nonconsumptive recreational use from use rate and variable expenditure data collected at the Bear River Migratory Bird Refuge and the Farmington Bay Waterfowl Management Area during fiscal 1969. Consumer's surplus and monopoly revenue estimates were then derived from the demand functions. Adjusted estimates of consumer's surplus for waterfowl hunting amounted to $7,260 per year at Bear River and $11,400 per year at Farmington Bay. For nonconsumptive recreation annual consumer's surplus was estimated to be $18,700 at Bear River and $3,760 at Farmington Bay. Monopoly revenue estimates were between one-half and one-fourth the …