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Measuring the economic value of wildlife: a caution

Author(s):

T. H. Stevens

Year:

1992

Publication type:

Other

Primary Station(s):

Northern Research Station

Historical Station(s):

Northeastern Research Station

Source:

In: Vander Stoep, Gail A., ed. 1992. Proceedings of the 1991 Northeastern Recreation Research Symposium; 1991 April 7-9; Saratoga Springs, NY. Gen. Tech. Rep. NE-160. Radnor, PA: U.S. Department of Agriculture, Forest Service, Northeastern Forest Experiment Station: 142-146.

Description

Wildlife values appear to be very sensitive to whether species are evaluated separately or together, and value estimates often seem inconsistent with neoclassical economic theory. Wildlife value estimates must therefore be used with caution. Additional research about the nature of individual value structures for wildlife is needed.

Citation

In: Vander Stoep, Gail A., ed. 1992. Proceedings of the 1991 Northeastern Recreation Research Symposium; 1991 April 7-9; Saratoga Springs, NY. Gen. Tech. Rep. NE-160. Radnor, PA: U.S. Department of Agriculture, Forest Service, Northeastern Forest Experiment Station. p.142-146.

Publication Notes

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https://www.fs.usda.gov/treesearch/pubs/35260