Economic benefit of the protection program for the Steller sea lion

Kelly Giraud, Branka Turcin, John Loomis and Joseph Cooper ()

Marine Policy, 2002, vol. 26, issue 6, 451-458

Abstract: This paper examines willingness to pay (WTP) for an endangered species across geographically nested samples using the Contingent Valuation Method (CVM). The three samples range from (1) the boroughs that contain critical habitat for the Steller sea lion to (2) the state that contains these boroughs to and (3) the entire United States. Depending on the assumptions of the model, WTP varies tremendously from sample to sample. WTP for the United States is the highest and it is the lowest for the boroughs. The null hypotheses that mean WTP estimates are greater then zero were rejected for the boroughs and the state but were not rejected for the United States based on the 95% confidence intervals.

Keywords: Endangered; species; Steller; sea; lion; Contingent; valuation (search for similar items in EconPapers)
Date: 2002
References: Add references at CitEc
Citations: View citations in EconPapers (21)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0308-597X(02)00025-8
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:marpol:v:26:y:2002:i:6:p:451-458

Access Statistics for this article

Marine Policy is currently edited by Eddie Brown

More articles in Marine Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().