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South Dakota State University

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The Economic And Social Values Associated With Small South Dakota Lakes, Aaron Patrick Sundmark Jan 2019

The Economic And Social Values Associated With Small South Dakota Lakes, Aaron Patrick Sundmark

Electronic Theses and Dissertations

The valuation of small fishing lakes is a vital component in understanding the importance of fishing and of recreational resources, in general. Knowing the values associated with such lakes is essential when prioritizing management activities. The overall value of a lake as a resource for human benefit is estimated as the summation of both instrumental and non-instrumental values. Instrumental values consist of economic and utilitarian values, as well as the values that a lake provides from ecosystem services. Non-instrumental values consider what the lake is worth as a good of its own, such as aesthetic, moral, and spiritual values gained ...