A contingent valuation approach to estimating the recreational value of commercial whale watching – the case study of Faxaflói Bay, Iceland

• Published in: Tourism Management Perspectives
• Main Authors: Cook, David, Malinauskaite, Laura, Davidsdottir, Brynhildur, Ögmundardóttir, Helga
• Other Authors: Umhverfis- og auðlindafræði (HÍ), Environment and Natural Resources (UI), Félagsfræði-, mannfræði- og þjóðfræðideild (HÍ), Faculty of Sociology, Anthropology and Folkloristics (UI), Hagfræðideild (HÍ), Faculty of Economics (UI), Líf- og umhverfisvísindadeild (HÍ), Faculty of Life and Environmental Sciences (UI), Verkfræði- og náttúruvísindasvið (HÍ), School of Engineering and Natural Sciences (UI), Félagsvísindasvið (HÍ), School of Social Sciences (UI), Háskóli Íslands, University of Iceland
• Format: Article in Journal/Newspaper
• Language: English
• Published: Elsevier BV 2020
• Subjects: Whale watching; Consumer surplus; Ecosystem services; Contingent valuation; Recreational value; Hvalaskoðun; Vistvæn ferðamennska; Ferðamenn; Arctic; Faxaflói; Iceland
• Online Access: https://hdl.handle.net/20.500.11815/2125; https://doi.org/10.1016/j.tmp.2020.100754

Pre-print (óritrýnt handrit) There is currently limited knowledge concerning the economic value of commercial whale watching from the perspective of the consumer's trip experience. This study outlines the results of an in-person contingent valuation survey, which asked whale watching tourists i...