The threat of viral haemorrhagic septicaemia (VHS) to the sport fish of the Great Lakes region has caused the state of Michigan to regulate some types of fishing bait that could spread the disease. Given large-scale fish kills from VHS are uncertain and regulation costly, it is important to consider the knowledge level of anglers and their estimated benefits from these regulations. About 75% of anglers self-reported being at least somewhat familiar with VHS and VHS regulations, and agreeing that VHS is a serious threat to the health of Great Lakes’ fish populations. Demand for a popular baitfish susceptible to VHS, emerald shiners, was estimated using a contingent valuation method survey. The results suggest increased likelihood of purchase and mean willingness to pay point estimate premiums between 15% and 29% for certified bait. The inclusion of an educational piece on VHS and regulations in our survey did not lead to significant demand differences from those who did not receive the extra information. These results may help regulators efficiently allocate funding for the prevention of spreading VHS and allow bait shops to understand better the value of certified bait.
|Original language||English (US)|
|Number of pages||15|
|Journal||Journal of Environmental Economics and Policy|
|State||Published - 2015|
Bibliographical noteFunding Information:
We give thanks to Gary Whelan for verifying the accuracy of our VHS education materials and to the MI DNR for publicising our survey. We thank two anonymous referees for very helpful comments that greatly improved the manuscript. This project was funded by a grant from the National Oceanic and Atmospheric Agency, Center for Sponsored Coastal Ocean Research, NOAA-CSCOR [grant number NA10NOS4780218]. This is publication #2014-21 from the Lake Erie Research Center.
This project was funded by a grant from the National Oceanic and Atmospheric Agency, Center for Sponsored Coastal Ocean Research, NOAA-CSCOR [grant number NA10NOS4780218]. This is publication #2014-21 from the Lake Erie Research Center.
© 2014 Journal of Environmental Economics and Policy Ltd.
- contingent valuation method
- environmental attribute
- invasive species
- viral haemorrhagic septicaemia
- willingness to pay