Willingness to Pay for Whale Shark Conservation in Sorsogon, Philippines

2016 ◽  
pp. 93-128
Author(s):  
Anabeth L. Indab
Keyword(s):  
Willingness To Pay ◽  
Whale Shark ◽  
Shark Conservation

scholarly journals Visitation and economic impact of whale shark tourism in a Maldivian marine protected area

2014 ◽  
Author(s):  
Edgar Fernando Cagua ◽  
Neal M Collins ◽  
James Hancock ◽  
Richard Rees
Keyword(s):  
Mixed Models ◽  
Protected Area ◽  
Marine Protected Area ◽  
Economic Valuation ◽  
Whale Shark ◽  
Management Plans ◽  
Whale Sharks ◽  
Guest Satisfaction ◽  
Shark Conservation ◽  
Direct Expenditure

Whale sharks are a major attraction for tourist divers and snorkelers in South Ari Atoll, Maldives. Yet without information regarding the use and economic extent of the attraction, it is difficult to prioritize conservation or implement effective management plans. Using empirical recreational data and generalized mixed models, this study provides the first economic valuation—via direct spend—of whale shark tourism in Maldives. We estimate that direct expenditure on whale shark excursions in the South Ari Marine Protected Area for 2012–2013 at US$7.6 and $9.4 million, respectively. These expenditures are based on an estimate of 72 to 78 thousand tourists who are involved in whale shark excursions annually. This level of visitation and expenditure highlights the need to implement regulations and management which can safeguard the sustainability of the industry through ensuring guest satisfaction and whale shark conservation.

scholarly journals Shark-diving tourism as a financing mechanism for shark conservation strategies in Malaysia

2017 ◽  
Author(s):  
Gabriel MS Vianna ◽  
Mark G Meekan ◽  
Abbie A Rogers ◽  
Marit E Kragt ◽  
James M Alin ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Economic Value ◽  
Economic Benefits ◽  
Conservation Strategies ◽  
Important Contributor ◽  
Financing Mechanism ◽  
Shark Conservation ◽  
The Government ◽  
Management And Conservation

This study estimated the economic value of the shark-diving industry in Semporna, the most popular diving destination of Malaysia, by surveying the expenditures of diving tourists and dive operators through the region. A willingness-to-pay survey was also used to estimate the potential of the industry as a financing mechanism for enforcement and management of a hypothetical shark sanctuary. The study showed that in 2012, shark-diving tourism provided direct revenues in excess of USD 9.8 million to the Semporna district. These economic benefits had a flow-on effect, generating more than USD 2 million in direct taxes to the government and USD 1.4 million in salaries to the community. A contingent valuation analysis indicated that implementation of a fee paid by divers could generate over USD 2 million for management and enforcement of a shark sanctuary each year. These findings suggest that shark diving is an important contributor to the economy of the Semporna region that could be used as a mechanism to assist financial resourcing for management and conservation strategies.

scholarly journals Shark-diving tourism as a financing mechanism for shark conservation strategies in Malaysia

2017 ◽  
Author(s):  
Gabriel MS Vianna ◽  
Mark G Meekan ◽  
Abbie A Rogers ◽  
Marit E Kragt ◽  
James M Alin ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Economic Value ◽  
Economic Benefits ◽  
Conservation Strategies ◽  
Important Contributor ◽  
Financing Mechanism ◽  
Shark Conservation ◽  
The Government ◽  
Management And Conservation

This study estimated the economic value of the shark-diving industry in Semporna, the most popular diving destination of Malaysia, by surveying the expenditures of diving tourists and dive operators through the region. A willingness-to-pay survey was also used to estimate the potential of the industry as a financing mechanism for enforcement and management of a hypothetical shark sanctuary. The study showed that in 2012, shark-diving tourism provided direct revenues in excess of USD 9.8 million to the Semporna district. These economic benefits had a flow-on effect, generating more than USD 2 million in direct taxes to the government and USD 1.4 million in salaries to the community. A contingent valuation analysis indicated that implementation of a fee paid by divers could generate over USD 2 million for management and enforcement of a shark sanctuary each year. These findings suggest that shark diving is an important contributor to the economy of the Semporna region that could be used as a mechanism to assist financial resourcing for management and conservation strategies.

Tourist Levies and Willingness to Pay for a Whale Shark Experience

1999 ◽  
Vol 5 (2) ◽  
pp. 161-174 ◽  
Author(s):  
Derrin Davis ◽  
C. A. Tisdell
Keyword(s):  
Willingness To Pay ◽  
Whale Shark

scholarly journals Visitation and economic impact of whale shark tourism in a Maldivian marine protected area

2014 ◽  
Author(s):  
Edgar Fernando Cagua ◽  
Neal M Collins ◽  
James Hancock ◽  
Richard Rees
Keyword(s):  
Mixed Models ◽  
Protected Area ◽  
Marine Protected Area ◽  
Economic Valuation ◽  
Whale Shark ◽  
Management Plans ◽  
Whale Sharks ◽  
Guest Satisfaction ◽  
Shark Conservation ◽  
Direct Expenditure

Whale sharks are a major attraction for tourist divers and snorkelers in South Ari Atoll, Maldives. Yet without information regarding the use and economic extent of the attraction, it is difficult to prioritize conservation or implement effective management plans. Using empirical recreational data and generalized mixed models, this study provides the first economic valuation—via direct spend—of whale shark tourism in Maldives. We estimate that direct expenditure on whale shark excursions in the South Ari Marine Protected Area for 2012–2013 at US$7.6 and $9.4 million, respectively. These expenditures are based on an estimate of 72 to 78 thousand tourists who are involved in whale shark excursions annually. This level of visitation and expenditure highlights the need to implement regulations and management which can safeguard the sustainability of the industry through ensuring guest satisfaction and whale shark conservation.

Subjective Time Preference and Willingness to Pay for an Energy-Saving Durable Good

2001 ◽  
Vol 32 (3) ◽  
pp. 133-141 ◽  
Author(s):  
Gerrit Antonides ◽  
Sophia R. Wunderink
Keyword(s):  
Willingness To Pay ◽  
Energy Saving ◽  
Subjective Time ◽  
Durable Good ◽  
Discount Function ◽  
Hyperbolic Discount ◽  
The One ◽  
Two Parameter ◽  
Difference Effect ◽  
Better Than

Summary: Different shapes of individual subjective discount functions were compared using real measures of willingness to accept future monetary outcomes in an experiment. The two-parameter hyperbolic discount function described the data better than three alternative one-parameter discount functions. However, the hyperbolic discount functions did not explain the common difference effect better than the classical discount function. Discount functions were also estimated from survey data of Dutch households who reported their willingness to postpone positive and negative amounts. Future positive amounts were discounted more than future negative amounts and smaller amounts were discounted more than larger amounts. Furthermore, younger people discounted more than older people. Finally, discount functions were used in explaining consumers' willingness to pay for an energy-saving durable good. In this case, the two-parameter discount model could not be estimated and the one-parameter models did not differ significantly in explaining the data.

Sign in / Sign up

Export Citation Format

Share Document