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Full-Text Articles in Social and Behavioral Sciences
Wildlife Viewing: The Impact Of Money-Back Guarantees, Takahiro Kubo, Taro Mieno, Koichi Kuriyama
Wildlife Viewing: The Impact Of Money-Back Guarantees, Takahiro Kubo, Taro Mieno, Koichi Kuriyama
Department of Agricultural Economics: Faculty Publications
Wildlife sightings are not always guaranteed. To address this risk, tour operators often offer a money-back guarantee as a refund mechanism. However, studies have overlooked the influences of such refund mechanisms on tourists' tour participation decisions and tourism revenue. We conducted choice experiments to examine the impact of such mechanisms using a case of Amami rabbit tourism in Japan. We found that the guarantee significantly influences the tourists’ decision-making and tour revenue. In particular, we found that the expected tourist participation rate and tour guide revenue vary drastically depending on the probability of the rabbit encounter. The maximum expected revenue …
Balancing Endangered Species Protection And Irrigation Water Rights: The Platte River Cooperative Agreement, J. David Aiken
Balancing Endangered Species Protection And Irrigation Water Rights: The Platte River Cooperative Agreement, J. David Aiken
Department of Agricultural Economics: Faculty Publications
This article discusses Platte basin water right disputes involving endangered species, the development of the Platte Cooperative Agreement as a method for resolving such conflicts, and the framework within which such conflicts will now be addressed.