Costs of Delaying Conservation: Regulations and the Recreational Values of Exploited and Co-occurring Species

Leif E. Anderson, S. Todd Lee and Phillip S. Levin

Land Economics, 2013, vol. 89, issue 2

Abstract: Several species of rockfishes (Sebastes spp.) in the Puget Sound of Washington have recently been listed under the Endangered Species Act. Bag limits for rockfishes have been restricted as a result, and recreational by-catch may prompt additional restrictions on trips targeting co-occurring species. A mixed logit model is estimated on discrete choice experiment data in order to simulate the effects of a set of regulations intended to conserve rockfish populations on recreational use values. Measures intended to limit rockfish by-catch mortality are shown to have economic impacts that are orders of magnitude larger than a direct adjustment in rockfish regulations.

JEL-codes: Q26 Q51 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (3)

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