Abstract
Taking advantage of differences in inflation adjusted licence prices over time, the demand for hunting licences is estimated. This introduces a different type of validity test which compares willingness to pay derived from actual licence demand to estimates of hunting benefits derived by the contingent valuation method. Willingness to pay estimates for deer and elk hunting derived from contingent valuation are statistically less than corresponding estimates from the actual licence sale demand analysis.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
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.