Abstract

Achieving optimal use of wildlife resources is a classic problem in natural resource economics. Ciriacy-Wantrup argued that wildlife resources are a case of a fugitive resource for which private property rights cannot easily be defined and therefore government policy may be necessary to obtain optimal use [5, pp. 141–145]. Land use planning is one area of government policy in which limited attention has been given to management of wildlife resources. One reason for the neglect may be the lack of emphasis on estimating the value of wildlife recreation experiences associated with particular land uses. An exception is the work of Martin, Tinney, and Gum [16] who did not look at marginal land use changes but did consider the termination of all cattle ranching in Arizona and its effect on recreational and agricultural economic surpluses.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.