search query: @indexterm THEORIES / total: 1135
reference: 274 / 1135
| Author: | Kawata, Y. |
| Title: | An economic analysis on the influence of different attitudes toward game animals: Emphasizing the significance of large carnivores |
| Journal: | Baltic journal of economics
2007 : WINTER/SPRING, VOL. 6:2, p. 57-78 |
| Index terms: | natural resources theories valuation models |
| Freeterms: | willingness to pay |
| Language: | eng |
| Abstract: | This paper studies the influence of an attitude change toward the sustainable resource use of wild animals existing under a prey-predator relationship. A theoretical model is built using value (price value) and non-use value (e.g. existence value). A numerical simulation is conducted to examine several cases with varying values. Among others, it is reaffirmed that it is important for people to value prey and predators to maintain a viable population. As the willingness-to-pay (WTP) for the prey increases relative to its price, the amount of the resource will be prioritized over the amount of the harvest. The min/max price may be required for resource conservation etc. |
SCIMA