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