Waterway recreation externalities summary Valuation Factors to consider when Benefit approach Value applying: - lower end of range should be applied for most IWCM applications Willingness to - value should be applied to new pay studies, fishing visitors only Recreational travel cost $60 - $1,000 per - sensitivity of results over a large fishing studies visit range should be tested (+/- 50%) - based on significant waterways, unclear if applicable to smaller waterways - low end of range should be applied for these to be conservative Willingness to - value should be applied to new pay studies, visitors only Streamside travel cost - sensitivity of results over a large recreation studies $10 - $80 per visit range should be tested (+/- 50%) Local visitors: between $1 and Willingness to $20 per visit - value should be applied to new pay studies, Tourists: between visits only Bay-related travel cost $10 and $150 per - sensitivity of results over a large recreation studies visit range should be tested (+/- 50%) Other social externality values from increased water use and availability
Waterway recreation externalities summary Benefit Valuation approach Value Factors to consider when applying: Recreational fishing Willingness to pay studies, travel cost studies $60 - $1,000 per visit - lower end of range should be applied for most IWCM applications - value should be applied to new fishing visitors only - sensitivity of results over a large range should be tested (+/- 50%) Streamside recreation Willingness to pay studies, travel cost studies $10 - $80 per visit - based on significant waterways, unclear if applicable to smaller waterways - low end of range should be applied for these to be conservative - value should be applied to new visitors only - sensitivity of results over a large range should be tested (+/- 50%) Bay-related recreation Willingness to pay studies, travel cost studies Local visitors: between $1 and $20 per visit Tourists: between $10 and $150 per visit - value should be applied to new visits only - sensitivity of results over a large range should be tested (+/- 50%) Other social externality values from increased water use and availability