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Recreation benefits from water pollution control: A further note on benefit evaluation
Author(s) -
Stevens Joe B.
Publication year - 1967
Publication title -
water resources research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.863
H-Index - 217
eISSN - 1944-7973
pISSN - 0043-1397
DOI - 10.1029/wr003i001p00063
Subject(s) - recreation , fishing , recreational fishing , control (management) , natural resource economics , function (biology) , demand curve , pollution , fishery , environmental science , business , environmental economics , economics , microeconomics , ecology , management , evolutionary biology , biology
In my recent paper [ Stevens , 1966], estimates of demand functions and angling ‘success elasticities’ were presented for three sport fisheries as a methodological basis for determining recreation benefits from water pollution control. By utilizing success elasticities to shift the demand function for one of the fisheries ( D 0 to D 1 in Figure 1), it was possible to argue that anglers would supply themselves with a lesser quantity of angling at some reduced level of angling success. If the reduced quantity of angling effort ( S 1 ) were to be rationed among the original users ( D 0 ), a price of AB would be expected. Accordingly, benefits from preventing water pollution would accrue from avoiding this leftward shift of the demand function.