Economic Research Institute Study paper
Utah State University
Copyright for this work is held by the author. Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Works not in the public domain cannot be commercially exploited without permission of the copyright owner. Responsibility for any use rests exclusively with the user. For more information contact the Institutional Repository Librarian at email@example.com.
Most current efforts in applying valuation methods to wildlife-related recreation have focused upon variables which are inappropriate to the majority of management decisions. Managers generally are concerned with increasing the stock of wildlife through habitat manipulation: The economic criteria for these decisions should be the value of a change in the stock of the wildlife population. An estimate of such a value was made for the Oak Creek deer herd in Utah, using a household production function approach in an optimal control framework. The value of an additional deer in the herd was estimated to be about $40.OO.
Keith, John E. and Lyon, Kenneth S., "Valuing Wildlife Management: A Utah Deer Herd" (1985). Economic Research Institute Study Papers. Paper 420.