Information, wildlife valuation, conservation: experiments and policy
CLEM TISDELL1 and CLEVO WILSON2
1 School of Economics, The University of Queensland, Brisbane QLD 4072, Australia.
2School of Economics and Finance, Queensland University of Technology, GPO Box 2434, Brisbane QLD 4001, Australia.
The authors use experimental surveys to investigate the association between individuals’ knowledge of particular wildlife species and their stated willingness to allocate funds to conserve each. The nature of variations in these allocations between species (e.g., their dispersion) as participants’ knowledge increases is examined. Factors inﬂuencing these changes are suggested. Willingness-to-pay allocations are found not to measure the economic value of species, but are shown to be policy relevant. The results indicate that poorly known species, e.g., in remote areas, may obtain relatively less conservation support than they deserve.