Willingness to Pay for Hunting Leases in Alabama
Abstract:This study used a censored probit approach to estimate willingness to pay (WTP) for hunting leases in Alabama. Data were generated through a dichotomous choice contingent valuation (DCCV) survey conducted in spring 2002. After correcting for sample selection bias, we found that hunting experience, hunter's household income, number of dependents, and lack of game quality had significant impact on WTP, with lack of game quality having the largest marginal effect. The estimated WTP was $1.29/ac per hunter or $23/ac per hunting club, more than double the actual average payment of $0.52/ac per hunter or $9.36/ac per hunting club. These results suggested that landowners in Alabama could increase access fees for hunting leases. South. J. Appl. For. 28(1):21–27.
Keywords: Cameron-James censored probit; Hunting lease; dichotomous choice contingent valuation; environmental management; forest; forest management; forest resources; forestry; forestry research; forestry science; natural resource management; natural resources; willingness to pay
Document Type: Regular Article
Affiliations: 1: School of Forestry and Wildlife Sciences Auburn University AL 36849 Phone: (334) 844-1067;, Fax: (334) 844-1084, Email: firstname.lastname@example.org 2: School of Forestry and Wildlife Sciences Auburn University AL 36849
Publication date: February 1, 2004
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