Alan Peacock and Ilde Rizzo: the heritage game
- Authors: Snowball, Jeanette D
- Date: 2009
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/71470 , vital:29856 , https://doi.org/10.1007/s10824-009-9106-2
- Description: The Heritage Game has an ambitious aim: to persuade those engaged in heritage management that economists have a valuable contribution to make and that they should be allowed to join the table where decisions are made—not as occasional “hired guns” consulting on specific matters, but as routine and continuous contributors to the discussion. As such, the book explains and illuminates some of the fundamental ideas in economics (consumer sovereignty, moral hazard, incentives, opportunity cost) as applied to the “heritage biz”. It is written in a light-hearted style that fulfils the authors’ intention of “making economics palatable and even enjoyable … offering both instruction and entertainment” (p. 10). Even economists familiar with the field will thus find it a pleasurable read, filled as it is with humorous anecdotes and examples drawn from the authors’ personal experiences as contributors to heritage management and policy.
- Full Text:
- Authors: Snowball, Jeanette D
- Date: 2009
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/71470 , vital:29856 , https://doi.org/10.1007/s10824-009-9106-2
- Description: The Heritage Game has an ambitious aim: to persuade those engaged in heritage management that economists have a valuable contribution to make and that they should be allowed to join the table where decisions are made—not as occasional “hired guns” consulting on specific matters, but as routine and continuous contributors to the discussion. As such, the book explains and illuminates some of the fundamental ideas in economics (consumer sovereignty, moral hazard, incentives, opportunity cost) as applied to the “heritage biz”. It is written in a light-hearted style that fulfils the authors’ intention of “making economics palatable and even enjoyable … offering both instruction and entertainment” (p. 10). Even economists familiar with the field will thus find it a pleasurable read, filled as it is with humorous anecdotes and examples drawn from the authors’ personal experiences as contributors to heritage management and policy.
- Full Text:
The willingness to pay for dusky kob (Argyrosomus japonicus) restocking: using recreational linefishing licence fees to fund stock enhancement in South Africa
- Palmer, Ryan M, Snowball, Jeanette D
- Authors: Palmer, Ryan M , Snowball, Jeanette D
- Date: 2009
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/71322 , vital:29833 , https://doi.org/10.1093/icesjms/fsp075
- Description: The economic feasibility of stock enhancement of Argyrosomus japonicus in South Africa was investigated using a willingness-to-pay (WTP) survey. The pilot study provides a unique example of the use of the contingent valuation method as a valuation tool for a proposed stock enhancement programme. An increase in the cost of a recreational fishing permit is used as a potential vehicle of payment. The median value of the maximum that fishers were willing to pay for a recreational fishing permit was R155 (South African Rand) for frequent fishers and R100 for non-frequent fishers. Analysis showed that a fee of more than R100 excluded up to 50% of anglers from the fishery, but that a fee of R100 excluded only 28% of recreational anglers and would generate an additional R12 million annually from the sale of recreational fishing permits. The estimated costs of set-up and running of a stock enhancement programme are substantially lower than this, suggesting that stock enhancement may be an economically feasible management option that deserves more investigation. The WTP method itself produces robust results and is likely to be an effective tool in the management of the marine environment.
- Full Text:
- Authors: Palmer, Ryan M , Snowball, Jeanette D
- Date: 2009
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/71322 , vital:29833 , https://doi.org/10.1093/icesjms/fsp075
- Description: The economic feasibility of stock enhancement of Argyrosomus japonicus in South Africa was investigated using a willingness-to-pay (WTP) survey. The pilot study provides a unique example of the use of the contingent valuation method as a valuation tool for a proposed stock enhancement programme. An increase in the cost of a recreational fishing permit is used as a potential vehicle of payment. The median value of the maximum that fishers were willing to pay for a recreational fishing permit was R155 (South African Rand) for frequent fishers and R100 for non-frequent fishers. Analysis showed that a fee of more than R100 excluded up to 50% of anglers from the fishery, but that a fee of R100 excluded only 28% of recreational anglers and would generate an additional R12 million annually from the sale of recreational fishing permits. The estimated costs of set-up and running of a stock enhancement programme are substantially lower than this, suggesting that stock enhancement may be an economically feasible management option that deserves more investigation. The WTP method itself produces robust results and is likely to be an effective tool in the management of the marine environment.
- Full Text:
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