Economic Synopses

Bibliography of North American Reservoir/Lake Water-Based Recreation Valuation Studies

Catch Rates

Cha, Wonkyu, and Richard T. Melstrom. “Catch-and-release regulations and paddlefish angler preferences.” Journal of environmental management 214 (2018): 1-8.
Hunt, Len M., Peter C. Boxall, and Barry Boots. “Accommodating complex substitution patterns in a random utility model of recreational fishing.” Marine Resource Economics 22, no. 2 (2007): 155-172.
Hunt, L.M., Phaneuf, D.J., Abbott, J.K., and Fenichel, E.P. (2020). Per trip changes to the economic value of Ontario, Canada anglers fishing the Laurentian Great Lakes under target species transitions. Human Dimensions of Wildlife 1-16.
Hutt, C. P., K. M. Hunt. J. W. Schlechte, and D. L. Buckmeier. 2013. Effects of catfish angler catch-related attitudes on fishing trip preferences. North American Journal of Fisheries Management 33:965-976.
Jones, C.A., and F. Lupi. 1999. The Effect of Modeling Substitute Activities on Recreational Benefit Estimates, Marine Resource Economics, 14(4).
Melstrom, R. T., D. H. Jayasekera, T. A. Boyer, and C. Jager. 2017. Scale heterogeneity in recreationists’ decision making: evidence from a site choice model of sport fishing. Journal of Outdoor Recreation and Tourism 18:81-87.
Melstrom, Richard T., and Matthew Kaefer. “How diverse are preferences for urban fisheries? Evidence from a choice experiment.” Human Dimensions of Wildlife 25, no. 6 (2020): 503-516.
Melstrom, Richard T., and Taylor Welniak. “The effect of site congestion on valuing freshwater fishing for urban residents.” Water Economics and Policy 6, no. 04 (2020): 1950008.

Water Levels

Cameron, Trudy A., W. Douglass Shaw, Shannon E. Ragland, J. Mac Callaway, and Sally Keefe. “Using actual and contingent behavior data with differing levels of time aggregation to model recreation demand.” Journal of agricultural and resource economics (1996): 130-149.
Cordell, H. Ken, and John C. Bergstrom. “Comparison of recreation use values among alternative reservoir water level management scenarios.” Water Resources Research 29, no. 2 (1993): 247-258.
Darby, Zachary, Neelam Chandra Poudyal, Adam Frakes, and Omkar Joshi. “Economic Analysis of Recreation Access at a Lake Facing Water Crisis due to Municipal Water Demand.” Water Resources Management (2021): 1-12.
Jakus, Paul M., John C. Bergstrom, and Marty Phillips. “Modeling behavioral response to changes in reservoir operations in the Tennessee Valley region: Paul M. Jakus, John C. Bergstrom, Marty Phillips, and Kelly Maloney.” In Preference Data for Environmental Valuation, pp. 267-286. Routledge, 2012.
Huszar, Eric, W. Douglass Shaw, Jeffrey Englin, and Noelwah Netusil. “Recreational damages from reservoir storage level changes.” Water Resources Research 35, no. 11 (1999): 3489-3494.
Hutt, Clifford P., Kevin M. Hunt, Susan F. Steffen, Stephen C. Grado, and L. E. Miranda. “Economic values and regional economic impacts of recreational fisheries in Mississippi reservoirs.” North American Journal of Fisheries Management 33, no. 1 (2013): 44-55.

Water Quality

Abidoye, Babatunde O., Joseph A. Herriges, and Justin L. Tobias. “Controlling for observed and unobserved site characteristics in RUM models of recreation demand.” American Journal of Agricultural Economics 94, no. 5 (2012): 1070-1093.
Egan, Kevin J., Joseph A. Herriges, Catherine L. Kling, and John A. Downing. “Valuing water quality as a function of water quality measures.” American Journal of Agricultural Economics 91, no. 1 (2009): 106-123.
Herriges, Joseph A., Daniel J. Phaneuf, and Justin L. Tobias. “Estimating demand systems when outcomes are correlated counts.” Journal of Econometrics 147, no. 2 (2008): 282-298.
Jakus, Paul M., Dimitrios Dadakas, and J. Mark Fly. “Fish consumption advisories: incorporating angler-specific knowledge, habits, and catch rates in a site choice model.” American Journal of Agricultural Economics 80, no. 5 (1998): 1019-1024.
Jakus, Paul M., Mark Downing, Mark S. Bevelhimer, and J. Mark Fly. “Do sportfish consumption advisories affect reservoir anglers’ site choice?” Agricultural and Resource Economics Review 26, no. 2 (1997): 196-204.
Jakus, Paul M., Paula Dowell, and Matthew N. Murray. “The effect of fluctuating water levels on reservoir fishing.” Journal of Agricultural and Resource Economics (2000): 520-532.
Jeon, Yongsik, Joseph A. Herriges, and Catherine L. Kling. “The role of water quality perceptions in modelling lake recreation demand.” In The international handbook on non-market environmental valuation. Edward Elgar Publishing, 2011.
Lupi, F., and P.M. Feather. Using Partial Site Aggregation to Reduce Bias in Random Utility Travel Cost Models, Water Resources Research, 34(12):3595-3603, 1998.
Messonnier, Mark L., John C. Bergstrom, Christopher M. Cornwell, R. Jeff Teasley, and H. Ken Cordell. “Survey response-related biases in contingent valuation: Concepts, remedies, and empirical application to valuing aquatic plant management.” American Journal of Agricultural Economics 82, no. 2 (2000): 438-450.
Montgomery, M., and M. Needelman. 1997. The welfare effects of toxic contamination in freshwater fish. Land Economics 73:211-223.
Nelson, Nanette M., John B. Loomis, Paul M. Jakus, Mary J. Kealy, Nicholas von Stackelburg, and Jeff Ostermiller. “Linking ecological data and economics to estimate the total economic value of improving water quality by reducing nutrients.” Ecological Economics 118 (2015): 1-9.
Parsons, George R., Paul M. Jakus, and Ted Tomasi. “A comparison of welfare estimates from four models for linking seasonal recreational trips to multinomial logit models of site choice.” Journal of Environmental Economics and Management 38, no. 2 (1999): 143-157.
Phaneuf, Daniel J., Jared C. Carbone, and Joseph A. Herriges. “Non-price equilibria for non-marketed goods.” Journal of Environmental Economics and Management 57, no. 1 (2009): 45-64.
Smirnov, Oleg A., and Kevin J. Egan. “Spatial random utility model with an application to recreation demand.” Economic Modelling 29, no. 1 (2012): 72-78.
Van Houtven, George, Carol Mansfield, Daniel J. Phaneuf, Roger von Haefen, Bryan Milstead, Melissa A. Kenney, and Kenneth H. Reckhow. “Combining expert elicitation and stated preference methods to value ecosystem services from improved lake water quality.” Ecological Economics 99 (2014): 40-52.
Yi, DongGyu, and Joseph A. Herriges. “Convergent validity and the time consistency of preferences: Evidence from the Iowa Lakes Recreation Demand Project.” Land Economics 93, no. 2 (2017): 269-291.

Value of a Trip/Other

Adamowicz, W., Louviere, J., & Williams, M. (1994). Combining revealed and stated preference methods for valuing environmental amenities. Journal of environmental economics and management, 26(3), 271-292.
Burt, Oscar R., and Durward Brewer. “Estimation of net social benefits from outdoor recreation.” Econometrica: Journal of the Econometric Society (1971): 813-827.
Chizinski CJ, Pope KL, Willis DB, Wilde GR & Rossman EJ (2005) Economic value of angling at a reservoir with low visitation. North American Journal of Fisheries Management, 25, 98-104.
Hauber, A. Brett, and George R. Parsons. “The effect of nesting structure specification on welfare estimation in a random utility model of recreation demand: An application to the demand for recreational fishing.” American Journal of Agricultural Economics 82, no. 3 (2000): 501-514.
Hof, John G., and Donald H. Rosenthal. “Valuing the opportunity cost of travel time in recreation demand models: an application to aggregate data.” Journal of leisure research 19, no. 3 (1987): 174-188.
Keiser, David A. “The missing benefits of clean water and the role of mismeasured pollution.” Journal of the Association of Environmental and Resource Economists 6, no. 4 (2019): 669-707.
Kotchen, M., M. Moore, F. Lupi, and E. Rutherford. Environmental Constraints on Hydropower: An Ex-Post Benefit-Cost Analysis of Dam Relicensing in Michigan. Land Economics, 82:(3):384-403, 2006.
Loomis, John, and Kawa Ng. “Comparing economic values of trout anglers and nontrout anglers in Colorado’s stocked public reservoirs.” North American Journal of Fisheries Management 32, no. 2 (2012): 202-210.
McKean, John R., Donn Johnson, and R. Garth Taylor. “Measuring demand for flat water recreation using a two-stage/disequilibrium travel cost model with adjustment for overdispersion and self-selection.” Water Resources Research 39, no. 4 (2003).
McKean, John R., Donn Johnson, R. Garth Taylor, and Richard L. Johnson. “Willingness to pay for non angler recreation at the lower Snake River reservoirs.” Journal of Leisure Research 37, no. 2 (2005): 178-194.
McKean, John R., Donn Johnson, and R. Garth Taylor. “Three approaches to time valuation in recreation demand: A study of the Snake River recreation area in eastern Washington.” Journal of environmental management 112 (2012): 321-329.
McNaughton, R. B. (1994). Economic benefits of recreation sites on irrigation reservoirs in southern Alberta. Canadian Water Resources Journal, 19(1), 3-16.
McNaughton, R. B. (1995). Economic benefits of sport fishing and hunting near irrigation developments in southern Alberta. Canadian Water Resources Journal, 20(3), 161-170.
Oh, Chi-ok, ROBERT B. DITTON, DAVID K. ANDERSON, DAVID SCOTT, and JOHN R. STOLL. “Understanding differences in nonmarket valuation by angler specialization level.” Leisure Sciences 27, no. 3 (2005): 263-277.
Lupi, F., B. Basso, C. Garnache, J. Herriges, D. Hyndman, and R. Stevenson. 2020 Linking agricultural nutrient pollution to the value of freshwater ecosystem services, Land Economics. 96(4): 493-509.
Moeltner, K. and J.S. Shonkwiler. 2005. Correcting for on-site sampling in random utility models. American Journal of Agricultural Economics 87(2):327-339.
Palm Jr, Roger C., and Stephen P. Malvestuto. “Relationships between Economic Benefit and Sport-Fishing Effort on West Point Reservoir, Alabama-Georgia.” Transactions of the American Fisheries Society 112, no. 1 (1983): 71-78.
Parsons, George and Mary Jo Kealy, 1992. Randomly Drawn Opportunity Sets in a Random Utility Model of Lake Recreation, Land Economics, 1992, 68, issue 1, 93-106.
Parsons, George R., and A. Brett Hauber. “Spatial boundaries and choice set definition in a random utility model of recreation demand.” Land Economics (1998): 32-48.
Parsons, George R., and Michael S. Needelman. “Site aggregation in a random utility model of recreation.” Land Economics (1992): 418-433.
Parsons, George R., and Mary Jo Kealy. “Benefits transfer in a random utility model of recreation.” Water Resources Research 30, no. 8 (1994): 2477-2484.
Parsons, George R., Andrew J. Plantinga, and Kevin J. Boyle. “Narrow choice sets in a random utility model of recreation demand.” Land Economics (2000): 86-99.
Provencher, Bill, Kenneth A. Baerenklau, and Richard C. Bishop. “A finite mixture logit model of recreational angling with serially correlated random utility.” American Journal of Agricultural Economics 84, no. 4 (2002): 1066-1075.
Raynor, Jennifer L., and Daniel J. Phaneuf. “Can native species compete with valuable exotics? Valuing ecological changes in the Lake Michigan recreational fishery.” Journal of Great Lakes Research 46, no. 3 (2020): 643-655.
Rosenthal, D.H. 1987. The necessity for substitute prices in recreation demand analyses. American Journal of Agricultural Economics 69(4):828-837.
Taylor, R. Garth, John R. McKean, and Donn Johnson. “Measuring the location value of a recreation site.” Journal of Agricultural and Resource Economics (2010): 87-104.
Usher, A.J. (1987). Ontario Lake of the Woods Fishery: Economic and Social Analysis. Transactions of the American Fisheries Society {116}, 352-366.
Watson, D. O., W. L. Adamowicz, and P. C. Boxall. 1994. An economic analysis of recreational fishing and environmental quality changes in the Upper Oldman River basin. Canadian Water Resources Journal 19:213-225.
Weithman, A.S. and M.A. Haas. 1982. Socioeconomic value of the trout fishery in Lake Taneycomo, Missouri. Transactions of the American Fisheries Society 111:223-230.
Wilman, E.A., and Pauls, R.J. (1987). Sensitivity of Consumers’ Surplus Estimates to Variation in the Parameters of the Travel Cost Model. Canadian Journal of Agricultural Economics/Revue Canadienne d’agroeconomie {35}, 197-212.

Economic Impact

Bergstrom, John C., R. Jeff Teasley, H. Ken Cordell, Ray Souter, and Donald BK English. “Effects of reservoir aquatic plant management on recreational expenditures and regional economic activity.” Journal of Agricultural and Applied Economics 28, no. 2 (1996): 409-422.
Chen, R. J., K. M. Hunt, and R. B. Ditton. “Estimating the economic impacts of a trophy largemouth bass fishery: issues and applications.” North American Journal of Fisheries Management 23, no. 3 (2003): 835-844.
Hanson, Terrill R., Luther Upton Hatch, and Howard C. Clonts. “Reservoir water level impacts on recreation, property, and nonuser values” JAWRA Journal of the American Water Resources Association 38, no. 4 (2002): 1007-1018.
Henderson JE, Kirk JP, Lamprecht SD & Hayes WE (2003) Economic impacts of aquatic vegetation to angling in two South Carolina reservoirs. Journal of Aquatic Plant Management, 41, 53-56.
Hoque, Mohammad Mainul, Joseph A. Herriges, and Catherine L. Kling. “The Response of Recreation Demand to Recessionary Forces: Evidence from Local Lake Usage.” Land Economics 96, no. 2 (2020): 225-243.
Lothrop, Ryan L., Terry R. Hanson, Steven M. Sammons, Diane Hite, and Michael J. Maceina. “Economic impact of a recreational striped bass fishery.” North American Journal of Fisheries Management 34, no. 2 (2014): 301-310.

Unpublished reports, dissertations, etc

AminiKherzi, N., Lloyd-Smith, P., and Becker, M. (2021). Water quality advisory impacts on recreation and associated economic costs. University of Saskatchewan working paper.
Bewer, R. (2012). Recreational Ecosystem Service Benefits from the Chestermere Lake Reservoir: Value for Day Use Non-Resident Visitors. Master Thesis,. Department of Geography, University of Lethbridge.
Bjonback, R.D. (1986). The Value of Water-Based Recreation Losses Associated With Drought: The Case of Lake Diefenbaker 1984. Paper presented at the CanadianHydrology Symposium (CHS-86). Regina SK: National Research Council of Canada
Brown, R.E. and W.J. Hansen. 1974. A generalized recreation day use planning model. IWR Research Report 74-R1, Volume V of V. Fort Belvoir, VA: US Army Engineer Institute for Water Resources. 42p. [Sacramento District values recorded in Knetsch, Brown & Hansen (1976)]
Brown, R.E. and W.J. Hansen. 1974. A preliminary analysis of day use recreation and benefit estimation models for selected reservoirs. IWR Research Report 74-R1, Volume III of V. Fort Belvoir, VA: US Army Engineer Institute for Water Resources. 72p.
Cole, Nicholas W. “Values of consumptive outdoor-recreation participants.” PhD diss., The University of Nebraska-Lincoln, 2018.
Driscoll, M. Todd, and Randall A. Myers. “Black bass tournament characteristics and economic value at Sam Rayburn Reservoir, Texas.” Journal of the Southeastern Association of Fish and Wildlife Agencies 1 (2014): 26-32.
Grubb, H.W. and J.T. Goodwin. 1968. Economic evaluation of water oriented recreation in the preliminary Texas water plan. Report #84. Austin, TX: Texas Water Development Board. 29p.
Johnson, D.M. and R.G. Walsh. 1987. Economic benefits and costs of the fish stocking program at Blue Mesa Reservoir, Colorado. Technical Report No. 49. Fort Collins, CO: Colorado Water Resources Research Institute, Colorado State University. 30p.
Herriges, Joseph A., Subhra Bhattacharjee, Catherine L. KlingCapturing Preferences Under Incomplete Scenarios Using Elicited Choice Probabilities, Working Paper No. 11003, Department of Economics, Iowa State University, 2011.
Hunt, K.M. and R.B. Ditton. 1996. A social and economic study of the Lake Fork Reservoir recreational fishery. Report #HD-608. Report prepared for the Texas Parks and Wildlife Department and the Sabine River Authority of Texas. College Station, TX: Texas A&M University, Department of Wildlife and Fisheries Sciences, Human Dimensions of Fisheries Research Laboratory. 50p.
Jeon, Yongsik, and Joseph A. Herriges. Convergent validity of contingent behavior responses in models of recreation demand. No. 12473. Iowa State University, Department of Economics, 2005.
Knetsch, J.L., R.E. Brown and W.J. Hansen. 1976. Estimating expected use and value of recreation sites. In C. Gearing, W. Swart, and T. Var (eds.), Planning for Tourism Development: Quantitative Approaches. New York, NY: Proeger. Pp. 103-115.
Moore, Kathleen M., Optimizing Reservoir Operations to Adapt to 21st Century Expectations of Climate and Social Change in the Willamette River Basin, Oregon, PhD Dissertation, Oregon State University, 2015.
Ng, K. 2011. Valuing economic benefits of water’s ecosystem services with non-market valuation methods and regional input-output model. PhD dissertation. Fort Collins, CO: Colorado State University. 203p.
Oster, J.M., D.T. Taylor, J.J. Jacobs and E.B. Bradley. 1987. Reservoir eutrophication and recreational activity on Flaming Gorge Reservoir. Experiment Station Bulletin No. 908. Laramie, WY: University of Wyoming. 23p.
Wennergren, E.B. 1965. Value of water for boating recreation. Logan, UT: Agricultural Experiment Station, Utah State University. 28p.
Phaneuf, Daniel J. , Roger H. von Haefen, Carol Mansfield and George Van Houtven, Measuring Nutrient Reduction Benefits for Policy Analysis Using Linked Non-Market Valuation and Environmental Assessment Models, Final Report on Stated Preference Surveys, US Environmental Protection Agency, February 2013.
Reid, R. (1984). The Value and Characteristics of Freshwater Angling in British Columbia. Economic and Social Policy Unit.
Silva, Carlos G., “Calculating Willingness-To-Pay As a Function of Biophysical Water Quality and Water Quality Perceptions” (2014). All Graduate Theses and Dissertations. 3325.
Thompson, J.P., Sen, A.R., and Scace, R.C. (1987). Bow River Recreation Study: An Assessment of Recreational Use and Economic Benefits. Volume 2: River Surveys.
Walsh, R.G., R. Aukerman and R. Milton. 1980. Measuring benefits and the economic value of water in recreation on high country reservoirs. Final Report OWRT Project No. B-175-COLO. Fort Collins, CO: Colorado Water Resources Research Institute, Colorado State University. 61p.

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