Following the advice of the 2014 evaluation of the Thünen Institute by the German Science and Humanities Council, the Thünen Institute has started to encourage its working groups to be evaluated by external experts as part of its quality management. The Marine Recreational Fisheries Working...

This study employs a contingent valuation survey to elicit willingness-to-pay (WTP) from Canadian recreational anglers to fish on their preferred watersheds if managers of these watersheds choose to adopt novel environmental DNA (eDNA) toolkits. The survey gathered responses from 999 Canadian...

Despite the growing awareness of harmful algal blooms (HABs) in the United States and abroad, estimates of welfare losses due to their presence are missing from the literature. Using a mail survey of 767 Ohio Lake Erie recreational angler respondents and a choice experiment, this study provides...

Data from a unique nationwide recreational fishing survey in Sweden is used to estimate benefits of recreational fishing in Sweden, differences between regions and age groups, and how they relate to expected catch. The data targets the whole Swedish population, and as a consequence a large...

Several large Irish lake fisheries comprise both pike (Esox Lucius) and brown trout (Salmo trutta). Due to predation on trout, pike stocks are actively managed in several locations with the objective of enhancing the trout fishery, which is a policy strongly supported by some trout anglers but...

This study applies an information theoretic econometric approach in the form of a new maximum likelihood-minimum power divergence (ML-MPD) semi-parametric binary response estimator to analyze dichotomous contingent valuation data. The ML-MPD method estimates the underlying behavioral decision...

Recreational fishing in Long Island Sound has been thriving since 1998 and the proportion of recreational and sports fishing has steadily increased over two decades. It interrelates with the regional tourism and recreational sectors as well as its integration of sustainable coastal development...

This study assesses the value and impact on fish stocks of marine recreational and semi-subsistence fisheries in Europe. Total economic impact of marine recreational fishing amounts to 10.5 billion euro, supporting almost 100,000 jobs. The impact varies between fish stocks, representing 2-72% of...

This study assesses the value and impact on fish stocks of marine recreational and semi-subsistence fisheries in Europe. Total economic impact of marine recreational fishing amounts to 10.5 billion euro, supporting almost 100,000 jobs. The impact varies between fish stocks, representing 2-72% of...

Financial statement information is important for evaluating a firm's performance, and for forecasting its future cash flows. This paper studies the relationship between financial accounting information and market valuation for publically listed salmon farming companies. Of special interest is...

The Pacific Halibut Catch Sharing Plan creates a process for allocating halibut between the Alaska commercial and recreational charter sectors. A provision intended to allow for “flexibility” creates an inter-sectoral trading market, permitting charter operators to lease commercial halibut...

In this chapter we took a broad look at American participation in on-farm recreation. While further analysis is in order, it does seem that visiting farms, either as a primary purpose of a trip or as part of a rural sightseeing outing, is a popular activity. We estimate that over 60 million...

Fishing tournaments are a common feature in recreational angling across a wide range of target species both in fresh and salt waters. Tournaments are organised for a number of purposes, including as commercial enterprises; as fund-raising initiatives for angling clubs; for economic development...

Discrete choice models generate welfare measures resulting from environmental quality changes on a per trip basis instead of over a longer, more policy-relevant time period. Seasonal or annual welfare measures resulting from a quality change are often computed by multiplying each individual′s...

The financial crisis and the ensuring Great Recession have alerted those concerned with old-age security to the extreme risk confronting our retirement system. In this volume, we provide an in-depth analysis of the ‘black swans' threatening pension plans around the world. Longevity risk,...