Adopt a hypothetical pup: A count data approach to the valuation of wildlife

Roberto Martinez-Espineira ()

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Abstract: The willingness to pay for a coyote conservation program is estimated using a novel payment-vehicle, based on how many coyotes respondents would be willing to sponsor. This hypothetical scenario mimics an increasingly popular type of actual market. Data from a phone survey conducted in Prince Edward Island are analyzed using count data models that consider different processes explaining zero responses and the level of positive responses. This is particularly important in the case of coyotes, often regarded as a bad. Estimates of willingness to pay per coyote around $18-$20 and annual consumer surplus per respondent of about $35-$42 are obtained.

Keywords: coyotes; wildlife; contingent valuation; count data; zero- inflation (search for similar items in EconPapers)
JEL-codes: Q20 Q26 (search for similar items in EconPapers)
Date: 2004-10-04
Note: Type of Document - pdf; pages: 32
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http://129.3.20.41/eps/othr/papers/0410/0410006.pdf (application/pdf)

Related works:
Working Paper: Adopt a hypothetical pup’: A count data approach to the valuation of wildlife (2004)
Journal Article: ‘Adopt a Hypothetical Pup’: A Count Data Approach to the Valuation of Wildlife (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpot:0410006

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