Lotteries are commonly used to allocate big game hunting privileges. In this study, lottery demand and consumer surplus are modeled before and after policy changes designed to increase participation. The application is to New Mexico elk hunt lotteries. Given the volume and variety of hunts, we...

Severe declines in Pacific Northwest salmon stocks, coupled with increasing recreational demands, and judicial decisions supporting Native American fishing rights create challenges for fishery agencies. This article explores the welfare effects on recreational anglers of alternative salmon...

Currently, New Mexico law does not provide any legal avenue of protecting instream flows. A change in the status quo requires that a prima facie case be made— establishing sufficient evidence of the public benefits from maintaining instream flows to warrant consideration, or standing, in...

Locations with natural characteristics, such as forest, are thought to be attractive residential locations. This proposition is tested in the Southwest United States, composed of Arizona and New Mexico. This paper presents a conditional logit model of location choice estimated with household...

Pressures on natural resource stocks and habitats on public lands and waterways are resulting increasingly in the rationing of public access by lottery. Upon accounting for the uncertainties of random rationing, discrete choice models lend themselves to analyzing participation in public resource...

This paper contributes to the widespread discussion of the sources of the divergence between WTA and WTP values. The paper reports on theoretical and empirical investigations which show that value and outcome uncertainty offer an explanation for this disparity. Given a set of hypotheses...

Meta-analysis is used to investigate systematic variation across Environmental Kuznets Curve (EKC) studies. Based on 588 observations, modeling results indicate that data characteristics, study methods, estimation techniques, and the chosen environmental quality degradation measure all...

While the Coase Theorem has been a touchstone for understanding bargaining behavior, it has also been criticized for relying on unrealistic assumptions. In response, a line of experimental research analyzes bargaining behavior in laboratory settings. This paper uses meta-analysis to evaluate the...