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CARD: Center for Agricultural and Rural Development

Nonmarket Valuation

Objective: To provide information on the value of goods that are not bought and sold in a traditional market, focusing on recreational activity and how people value resources.
Iowa Lakes Projects
Map of the chosen lakes
Iowa Lakes Survey 2002
Iowa Lakes Survey 2003
Iowa Lakes Survey 2004
Iowa Lakes Survey 2005
The Iowa Lakes Web Site
This four-year project involves the gathering of use information as well as willingness-to-pay information for improvements in the water quality of Iowa's lakes. Data for the first year of the project has been gathered from a large sample of Iowa residents. These respondents will be re-surveyed over the next three years. This process will provide an extensive panel data set, which can be used to study the consequences of the spatial and temporal stability of parameters in revealed and stated preference demand models. This unique data set also will allow us to empirically implement and test models of the dynamic formation of willingness to pay with a specific focus on the value and consequences for willingness-to-pay values of improved water quality information.

For more information, see the Iowa Water Quality Lakes Study.