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"We present estimates of the demand for hunting licenses by residents and nonresidents in British Columbia for the period 1971-2000. We obtain estimates of both short-run and long-run price elasticities and discuss their revenue implications for future fee increases. We find the demand by...
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This research provides empirical support for divergence between WTA and WTP, based on results from a 2002 survey of Nevada ranchers. WTP for public forage and WTA compensation to part with grazing rights are estimated simultaneously, with the estimators demonstrating a statistically significant...
Persistent link: https://www.econbiz.de/10005060334
Results from a 2002 survey of Nevada ranchers that asked about willingness to pay for public forage and willingness to accept compensation to part with grazing rights provide empirical support for the contention of large divergence between WTA and WTP. WTA and WTP are estimated simultaneously,...
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