THE TOTAL VALUE OF WILDLIFE: A CASE STUDY INVOLVING ENDANGERED SPECIES
Kevin Boyle, Richard C. Bishop, Boyle, Kevin J., Bishop, Richard C.
Abstract
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Kevin Boyle, Richard C. Bishop, Boyle, Kevin J., Bishop, Richard C.
Abstract
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The components of value for a wildlife resource are discussed, with emphasis on existence value. A simple model is proposed and preliminary results of an application to valuing endangered species of wildlife are presented. The empirical results indicate that significant nonuse values may be associated with endangered species of wildlife.
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The components of value for a wildlife resource are discussed, with emphasis on existence value. A simple model is proposed and preliminary results of an application to valuing endangered species of wildlife are presented. The empirical results indicate that significant nonuse values may be associated with endangered species of wildlife.
Key concepts: Endangered species, Wildlife, Wildlife conservation, Wildlife management, Value (mathematics), Geography, Ecology, Biology