Economics at your fingertips  

Valuing Beach Re-nourishment: Is it Preservation?

Rebecca P. Judge, Laura Osborne and V. Smith
Authors registered in the RePEc Author Service: Laura O. Taylor ()

No 95-41, Working Papers from Duke University, Department of Economics

Abstract: A proposed plan to preserve beach and beach access along the Cape Hatteras National Seashore thorugh beach re-nourishment offers the opportunity to apply contingent valuation techniques to explore the implications of three sources of preference heterogeneity for measures of people's willingness to pay. Preferences are modeled as functions of: (a) attitudes, socio-economic and demographic characteristics; (b) past experience with the Cape Hatteras area; (c) anticipated future use; and (d) knowledge about the problem and proposed plans to address it. We find that while income and environmentalist attitudes have limited indirect effects on respondent willingness to pay for beach re-nourishment, past and future use of the resource, as well as respondent knowledge about the re-nourishment plan, directly affect willingness to pay.

JEL-codes: H42 D61 (search for similar items in EconPapers)
Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) main text

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:

Access Statistics for this paper

More papers in Working Papers from Duke University, Department of Economics Department of Economics Duke University 213 Social Sciences Building Box 90097 Durham, NC 27708-0097.
Bibliographic data for series maintained by Department of Economics Webmaster ().

Page updated 2020-05-25
Handle: RePEc:duk:dukeec:95-41