John C. Whitehead , Louis Cornicelli , Lisa Bragg , Rob Southwick
{"title":"The aggregate economic value of Great Lakes recreational fishing trips","authors":"John C. Whitehead , Louis Cornicelli , Lisa Bragg , Rob Southwick","doi":"10.1016/j.jglr.2025.102529","DOIUrl":null,"url":null,"abstract":"<div><div>We use the contingent valuation method in a survey of Great Lakes anglers to estimate the willingness to pay for a Great Lakes recreational fishing trip. We find that the willingness to pay for a trip ranges from $55 to $161 ($2020). We then combine the willingness to pay per trip estimates with an estimate of the number of trips and find that the aggregate value of Great Lakes recreational fishing trips in the U.S. is $884 million per year. We conduct a sensitivity analysis using a Monte Carlo simulation and estimate that the mean aggregate economic value is $901 million with a 90% confidence interval of [$407, $1,398] million. The estimate of aggregate recreational fishing value illustrates the economic importance of the Great Lakes recreational fishery over and above market expenditures.</div></div>","PeriodicalId":54818,"journal":{"name":"Journal of Great Lakes Research","volume":"51 2","pages":"Article 102529"},"PeriodicalIF":2.5000,"publicationDate":"2025-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Great Lakes Research","FirstCategoryId":"93","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0380133025000231","RegionNum":3,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"2025/1/30 0:00:00","PubModel":"Epub","JCR":"Q3","JCRName":"ENVIRONMENTAL SCIENCES","Score":null,"Total":0}
引用次数: 0
Abstract
We use the contingent valuation method in a survey of Great Lakes anglers to estimate the willingness to pay for a Great Lakes recreational fishing trip. We find that the willingness to pay for a trip ranges from $55 to $161 ($2020). We then combine the willingness to pay per trip estimates with an estimate of the number of trips and find that the aggregate value of Great Lakes recreational fishing trips in the U.S. is $884 million per year. We conduct a sensitivity analysis using a Monte Carlo simulation and estimate that the mean aggregate economic value is $901 million with a 90% confidence interval of [$407, $1,398] million. The estimate of aggregate recreational fishing value illustrates the economic importance of the Great Lakes recreational fishery over and above market expenditures.
期刊介绍：
Published six times per year, the Journal of Great Lakes Research is multidisciplinary in its coverage, publishing manuscripts on a wide range of theoretical and applied topics in the natural science fields of biology, chemistry, physics, geology, as well as social sciences of the large lakes of the world and their watersheds. Large lakes generally are considered as those lakes which have a mean surface area of >500 km2 (see Herdendorf, C.E. 1982. Large lakes of the world. J. Great Lakes Res. 8:379-412, for examples), although smaller lakes may be considered, especially if they are very deep. We also welcome contributions on saline lakes and research on estuarine waters where the results have application to large lakes.
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