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California's Ocean Economy - California Resources Agency - State ...

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NOEP<br />

fishing, or boating will not only depend on the ocean/water/beach/fish stock<br />

characteristics, it will also be a function of the users’ characteristics and situation. Even<br />

assuming that the appropriate non-market valuation methods were available to determine the<br />

exact price which the users would be willing to pay for the use of these ocean-related<br />

environmental assets, each recreational activity in each area will have different dollar values.<br />

For example, while a surfer may value a beach by its surf, a sunbather may value it by the<br />

quality of the sand. In order to get willingness to pay for a day at a particular beach, the<br />

valuation of these different uses is aggregated, which may create aggregation error. To get<br />

the overall non-market value of ocean-related recreational activities in <strong>California</strong>, gross<br />

aggregations were used to get the total number of users and then again aggregated different<br />

types of uses in three broad categories, namely, beach visitation, recreational fishing and<br />

recreational boating; leading to additional estimation errors. Therefore, the reader must keep<br />

in mind, that the estimated non-market values are not precise, but only give gross estimates.<br />

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