Document Type

Article

Publication Date

8-4-2022

Publication Title

North American Journal of Fisheries Management

Volume

43

Issue

2

Pages

400-416

Publisher Name

Wiley

Abstract

Economic assessments are rarely applied to inland recreational fisheries for management purposes, especially when compared to fish, habitat, and creel assessments, yet economic assessments can provide critical information for management decisions. We provide a brief overview of economic value, key terminology, and existing economic techniques to address these issues. Benefit transfer, a technique used to measure economic value when an original analysis is not practicable, is conducted by drawing on existing estimates of economic value in similar contexts. We describe an application of benefit transfer to measure the economic value of several recreational fisheries in Nebraska, USA. We examine two approaches to benefit transfer—value transfer and function transfer—which we demonstrate estimate similar economic values for fishing site access but substantially different economic values for catch rate improvements at some reservoirs. We encourage agencies that are responsible for inland recreational fisheries management to consider economic assessment, especially benefit transfer, as a critical tool in the management toolbox.

Comments

Author Posting © The Author(s), 2022, North American Journal of Fisheries Management published by Wiley Periodicals LLC on behalf of American Fisheries Society. This article has been contributed to by U.S. Government employees and their work is in the public domain in the USA. This article was published open access at North American Journal of Fisheries Management, VOL. 43, ISS. 2, https://doi.org/10.1002/nafm.10802

Creative Commons License

Creative Commons Attribution-No Derivative Works 4.0 International License
This work is licensed under a Creative Commons Attribution-No Derivative Works 4.0 International License.

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