In past times wild geese were an important resource, providing a source of meat, grease for lubrication and waterproofing, and feathers for bedding and arrow flights. Today, with the sale of goose meat no longer allowed in law, the only current market for geese is commercial shooting of non-endangered species such as the pink-footed goose. However, there are other benefits associated with geese which are not priced in the marketplace, but are valued. For example, some people positively value the opportunity to observe geese in the wild (a use-value), while others may take pleasure from simply knowing that they exist (a non-use value). These benefits cannot be provided by conventional markets because it would be prohibitively expensive to exclude people from watching geese and impossible to exclude them from caring about geese. In recent years a number of techniques such as Contingent Valuation (CV) and Choice Experiments (CE) have been established to establish the monetary values of non-market benefits. These techniques aim to measure the willingness to pay (WTP) of beneficiaries through the establishment of hypothetical markets.
|Place of Publication||Edinburgh, Scotland|
|Number of pages||48|
|Publication status||Published - 2001|
- environmental economics
- wild geese
- economic growth
- willingness to pay