Yes
No
Having possibly done this dive many moons ago, it is probably worth the $300. However, i also don't believe that we should have to pay more than a "reasonable" amount to cover only the direct expense to the state that allowing divers would cost. This is public property that "belongs" to all of us.
There is no reason that a system simalar to Emerald access would not work as well for Sally Ward
"Work out your own salvation. Do not depend on others."
...Buddha
''Life's tough, pilgrim, and it’s even tougher if you're stupid.''
- John Wayne
...and this is why I'm sad that UF isn't admitting a graduate class for Econ next fall when I'm going to try to go to get a graduate degree of some sort from them...(I'm not sure if the cave or the discussion about willingness to pay (especially the uncertain environment part) is more interesting to me!!)
You should take an environmental economics course. It is difficult to place values on things where there's not a market to establish a price and without price as a signal its hard to establish policy about what level to make available. This is especially true when a good is a public good (what we call non excludable and non rival...you can't be prevented from consuming it and your consumption of it does not reduce the amount available for others to consume...there are, of course, degrees of publicness). Since decisions must be made, a lot of effort has gone into figuring ways to value goods that are not traded on markets....a contingent valuation is one method and it involves asking questions about willingness to pay (not the price that you might actually pay but what you are truly willing to pay...i was willing to pay $1500 for a new tls350 and at dema the price for a stock suit was $989...so i paid the $989 and recieved the suit plus a $511 benefit...called a consumer surplus). Establishing a range (i will be using 5 different prices in my valuation study) of willingness to pays is an important part of the survey research based contingent valuation process...the purpose of the polls was to establish a high end for the set of hypothetical prices...that would be a price most would say no to but a few would say yes to (those with stronger preferences to consume the good). Based on the poll results to date my $300 guess was pretty close. Sorry for the long reply but you sounded interested and maybe this explanation will counter some of the concerns raised by others. Bill
"With regard to cave diving, the great thing is to be carried where you could not have imagined you would ever be, and then to come back alive."
"Wilderness. The word itself is music." Abbey, Desert Solitaire
I'm going to take a course or two in that topic for my bsba in economics and I'm looking forwards to it. Intermediate macro and micro will be fun but enviro econ will be more funmy girlfriend will be in a similar course next semester but muhh more geared to the environment than the economics, she's an environmental sciences major. Long time no see Bill!
I'll glady pay you Tuesday for a Uno dive today.............
OK Bill, what gives?? Did you write a grant for this? What did you name it? "Investigation of the Economic Decisions of Deranged Yet Over Funded Sub Aqueous Spelunkers"
I would rather have a catheter the size of a garden hose.
I would rather have a proctologist nicknamed "Dr. Hook".
I would sooner dive into a swimming pool filled with double edged razor blades than pay$300.00 to make one dive anywhere.
For that kind of money, you should get a dive, a guide, 2 sherpas to carry your gear, and a full body massage with "happy ending".
Last edited by OFG-1; 02-27-2009 at 07:26 AM.
"Have you ever noticed
When you're feeling really good
There's always a pigeon
That'll come shiat on your hood?" John Prine 4-7-2020
"Into the blue again; in the silent water
Under the rocks, and stones; there is water underground" Talking Heads
I am having a hard time beleiving that the $300 price was close with the poll presently sitting at 75 No to 8 Yes. Your Sadistics must be better than mine
How are you going to encorporate the poll results with a dollar value when there is not a corresponding number to weight the Nos with?
Who will see the final analysis?
Keith
<lol> You were close, the actual title is "Willingness to Pay for Positive Increments in a Death Likelihood Function: An Exploration into Irrational Behavior." Now John, if you amortize ALL your expenditures on diving across the dives that you have done, including the opportunity cost of your time (even as you read this now you could be working at burger king earning money with your time instead of spending it on diving) i think you might find the average price you are paying per dive is pretty high.
In all seriousness, all my dives have had a happy ending so far.
Last edited by wingman; 02-27-2009 at 08:24 AM. Reason: removed image from quote
"With regard to cave diving, the great thing is to be carried where you could not have imagined you would ever be, and then to come back alive."
"Wilderness. The word itself is music." Abbey, Desert Solitaire
Keith, the poll was just to get an idea of what value points to use in the survey...i was looking for the high end of the value range. The high end is where most say no but a few say yes, 75 no and 8 yes is pretty much that. The low end is where most say yes and a few say no...that is probably the $25 point. The actual prices in the survey will be between those extremes. Once done we are going to publish the results and will be presenting them at meetings (i think i am on the program for the nss/cds meeting and will try to get on at the nacd meeting and perhaps dema in orlando). Thanks for sending your address change! Bill
Last edited by wingman; 02-27-2009 at 08:37 AM. Reason: forgot a closing parenthesis
"With regard to cave diving, the great thing is to be carried where you could not have imagined you would ever be, and then to come back alive."
"Wilderness. The word itself is music." Abbey, Desert Solitaire
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