Actual Versus Hypothetical WTA Stated Values for Recreational Fishing Licenses: Experimental Evidence of Fish Tales

Abstract

Quasi-public goods are those provided by the government, typically for a nominal fee that is not determined by market forces (see Chambers, Chambers, and Whitehead 1998, Carson and Groves 2007). Common examples include recreational fishing and hunting licenses, public parks, historic buildings, and campgrounds located near public lakes. Quasi-public goods have both private and public attributes because it is possible to exclude members of the public by charging a price to access or use the good.