2017
DOI: 10.1016/j.ocecoaman.2017.05.004
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Informing management strategies for a reserve: Results from a discrete choice experiment survey

Abstract: It is well-known that operating within the boundaries of a national park provides commercial actors with the opportunity to charge a price premium, though this has to a lesser degree been demonstrated for marine protected areas. We estimate national tourists' willingness-to-pay a price premium for boat trips in the Nha Trang Bay Marine Protected Are, Vietnam, using a discrete choice experiment. Our results show that tourists are willing to pay an average price premium of 18 USD per trip for a large improvement… Show more

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Cited by 15 publications
(22 citation statements)
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“…In this study, as in Xuan et al (2017), we use the mixed logit model (MXL), which accounts for random taste variation among the individuals, to estimate the parameters of the random utility model (see Table 1), in which the parameters of non-cost variables follow normal distributions and the parameter of the cost variable is fixed. 14 However, unlike Xuan et al (2017), our model here includes interaction effects between coral cover and environmental quality as well as between coral cover and job loss variables. 15 The MXL model is estimated in R using the "gmnl"-package (Sarrias & Daziano, 2016) and 1000 standard Halton draws.…”
Section: Tourism Value V(m)mentioning
confidence: 99%
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“…In this study, as in Xuan et al (2017), we use the mixed logit model (MXL), which accounts for random taste variation among the individuals, to estimate the parameters of the random utility model (see Table 1), in which the parameters of non-cost variables follow normal distributions and the parameter of the cost variable is fixed. 14 However, unlike Xuan et al (2017), our model here includes interaction effects between coral cover and environmental quality as well as between coral cover and job loss variables. 15 The MXL model is estimated in R using the "gmnl"-package (Sarrias & Daziano, 2016) and 1000 standard Halton draws.…”
Section: Tourism Value V(m)mentioning
confidence: 99%
“…19 A is the total study area (inshore area of Khanh Hoa waters). 20 Taking the annual number of national tourists visiting the NTB MPA (Xuan et al, 2017), N=500,000, and multiplying by ( ), we can derive the total tourism value ( ) as shown in equation 1.…”
Section: Tourism Value V(m)mentioning
confidence: 99%
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