| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Changing Abundance of Elephants and Willingness to Pay for their Conservation
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| Autores: |
Bandara, Ranjith
Tisdell, Clement A.
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| Data: |
2010-05-26
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| Ano: |
2004
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| Palavras-chave: |
Asian elephant
Contingent valuation
Sri Lanka
Total economic value
Wildlife conservation
Willingness to pay
Environmental Economics and Policy
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| Resumo: |
This paper explores the way in which the stated willingness to pay for the conservation of Asian elephants in Sri Lanka varies with hypothetical variations in their abundance. To do that, it relies on results from a sample of residents of Colombo. The willingness to pay function is found to be unusual. It increases at an increasing rate for hypothetical reductions in the elephant population compared to its current level (a level that makes the Asian elephant endangered) and also increases at a decreasing rate for increases in this population from its current level. Rational explanations are given for this relationship. The relationship is, however, at odds with relationships suggested in some of the literature for total economic value as a function of the abundance of a wildlife species. It is suggested that willingness to pay for conservation of a species rationally includes a strategic element and may not always measure the total economic value of a species. Nevertheless, willingness to pay is still policy relevant in such cases.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
ISSN: 1444-8890
http://purl.umn.edu/90538
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| Relação: |
University of Queensland>School of Economics>Economic Theory, Applications and Issues Working Papers
Economic Theory, Applications and Issues Working Paper
34
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| Formato: |
31
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