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Summary

Description

To evaluate the economic effects of bag limit and minimum size regulations, it is important to understand how anglers' valuation of catch varies. Using a sportfishing demand model, we estimated angler willingness to pay (WTP) for groupers Epinephelus spp. and Mycteroperca spp., red snapper Lutjanus campechanus, dolphinfish Coryphaena hippurus, and king mackerel Scomberomorus cavalla by using data from a choice experiment survey with questions about fishing trips in the southeast USA. Beyond differentiating by species and the number of fish caught (second through sixth), our catch disposition model separately estimated angler WTP for one additional fish caught and kept, caught and released due to a minimum size limit, and caught and released due to a bag limit. Angler valuations of groupers, red snapper, and king mackerel were similar and more than five times the angler valuation of dolphinfish. For all species, the angler valuation decreased with each successive fish. For red snapper and groupers, anglers indicated that keeping a fish was worth more than eight times the value of releasing the fish due to a bag limit. For all species except king mackerel, angler WTP did not differ much between a fish released due to a bag limit and a fish released due to a size limit. For king mackerel, the value of a fish caught and released due to a bag limit was more than 2.5 times the value of a fish released due to a size limit and was nearly half the value of a fish that was caught and kept. We compared our angler WTP values with those in the literature, and we provide a policy application example. Results suggest that measures of the economic effects of sportfishing regulations can be seriously misstated if the species, number, and disposition of the catch are not considered.

Contact Information

No contact information is available for this record.

Please contact the owner organization (SEFSC) for inquiries on this record.

Extents

Geographic Area 1

SE United States

Item Identification

Title: The Economic Value of Catching and Keeping or Releasing Saltwater Sport Fish in the Southeast USA
Short Name: Economic Value of Catching and Keeping or Releasing Saltwater Sport Fish in the Southeast USA
Status: Completed
Abstract:

To evaluate the economic effects of bag limit and minimum size regulations, it is important to understand how anglers' valuation of catch varies. Using a sportfishing demand model, we estimated angler willingness to pay (WTP) for groupers Epinephelus spp. and Mycteroperca spp., red snapper Lutjanus campechanus, dolphinfish Coryphaena hippurus, and king mackerel Scomberomorus cavalla by using data from a choice experiment survey with questions about fishing trips in the southeast USA. Beyond differentiating by species and the number of fish caught (second through sixth), our catch disposition model separately estimated angler WTP for one additional fish caught and kept, caught and released due to a minimum size limit, and caught and released due to a bag limit. Angler valuations of groupers, red snapper, and king mackerel were similar and more than five times the angler valuation of dolphinfish. For all species, the angler valuation decreased with each successive fish. For red snapper and groupers, anglers indicated that keeping a fish was worth more than eight times the value of releasing the fish due to a bag limit. For all species except king mackerel, angler WTP did not differ much between a fish released due to a bag limit and a fish released due to a size limit. For king mackerel, the value of a fish caught and released due to a bag limit was more than 2.5 times the value of a fish released due to a size limit and was nearly half the value of a fish that was caught and kept. We compared our angler WTP values with those in the literature, and we provide a policy application example. Results suggest that measures of the economic effects of sportfishing regulations can be seriously misstated if the species, number, and disposition of the catch are not considered.

Purpose:

To evaluate the economic effects of bag limit and minimum size regulations.

Keywords

Theme Keywords

Thesaurus Keyword
UNCONTROLLED
None bag limits
None BIOGEME
None Corypha hippurus
None dolphinfish
None economic value
None Epinephelus spp.
None Georgia
None groupers
None king mackerel
None Lutjanus campechanus
None mycteroperca spp
None North Caroliona
None red snapper
None Scomberomorus cavalla
None size limits
None snapper
None South Carolina
None WTP

Spatial Keywords

Thesaurus Keyword
UNCONTROLLED
None Alabama
None Florida
None Louisiana
None Mississippi
None South East USA
None Texas

Stratum Keywords

Thesaurus Keyword
UNCONTROLLED
None species

Physical Location

Organization: Southeast Fisheries Science Center
City: Miami
State/Province: FL
Country: USA

Support Roles

Originator

CC ID: 182806
Date Effective From: 2011-01-01
Date Effective To:
Contact (Person): Carter, David W
Address: 75 Virginia Beach Drive
Miami, FL 33139
Email Address: David.w.Carter@noaa.gov
Phone: 305-361-4467
Fax: 305-365-4102

Originator

CC ID: 182805
Date Effective From: 2011-01-01
Date Effective To:
Contact (Person): Liese, Christopher
Address: 75 Virginia Beach Dr
Miami, FL 33139
United States
Email Address: Christopher.Liese@noaa.gov
Phone: 305-365-1109
Fax: 305-365-4102
Business Hours: 8:00 AM - 4:30 PM EST/EDT

Extents

Extent Group 1

Extent Group 1 / Geographic Area 1

CC ID: 182819
Description

SE United States

Access Information

Security Class: Confidential
Data Access Policy:

Open to Qualified Researchers

Data Access Procedure:

Contact originator of the data

Data Access Constraints:

Requites non discolusre agreement if whole confidential data set is provided.

Data stripped of certain identifiersis non confidential and doe not require an NDA

Data Use Constraints:

please cite appropriately

Metadata Access Constraints:

None

Metadata Use Constraints:

Please cite Appropriately

Acronyms

WTP Willingness to pay

Child Items

Rubric scores updated every 15m

Rubric Score Type Title
86
Data Set 2003 Gulf of Mexico and South Atlantic SPCE angler survey data (processed)

Catalog Details

Catalog Item ID: 22966
GUID: gov.noaa.nmfs.inport:22966
Metadata Record Created By: Lee M Weinberger
Metadata Record Created: 2015-01-02 10:28+0000
Metadata Record Last Modified By: SysAdmin InPortAdmin
Metadata Record Last Modified: 2022-08-09 17:11+0000
Metadata Record Published: 2021-05-07
Owner Org: SEFSC
Metadata Publication Status: Published Externally
Do Not Publish?: N
Metadata Last Review Date: 2021-05-07
Metadata Review Frequency: 1 Year
Metadata Next Review Date: 2022-05-07