Understanding heterogeneous preferences for angling site attributes: application of a choice experiment

Tharshini Thangavelu, Anton Paulrud and Jesper Stage

Journal of Environmental Economics and Policy, 2017, vol. 6, issue 3, 324-340

Abstract: This article studies anglers’ willingness to pay for improvements in the characteristics of fishing sites in the county of Jämtland in Sweden. We use two existing angling sites, and hypothetical sites similar to these, to explore transferability of responses between different sites and to examine the welfare effects of improvements in fishing site characteristics. We find that anglers have highly heterogenous preferences, and that modelling this heterogeneity using latent class models leads to different classes being estimated for the two different sites studied. This heterogeneity implies that policy interventions need to consider the specific characteristics of the angling groups being targeted by the intervention, but the heterogeneity also affects the precision with which estimates from one angling site can be applied to another site.

Date: 2017
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DOI: 10.1080/21606544.2017.1310672

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