Behind the economics of hunting in Andalusian forests

Hunting in Spain represents an imperfect market in which some hunters pay a price that is below what would be paid or they simply do not pay a market price. This article evidences the welfare that hunting activities provide to hunters in the forests of southern Spain. To do so, a contingent valuation survey of 557 hunters was conducted, and their maximum willingness to pay (WTP) to maintain their hunting activity over a hunting season was obtained. Bids were established according to the individual expenditure in the hunting market, thereby incorporating heterogeneity into the very design of the valuation exercise. The results show an additional WTP of 212 euros per hunter during the 2009–2010 hunting season, meaning 24% above their actual mean expenditure during that season. Likewise, the research shows how small game hunters are the ones who, in relative terms, would be willing to pay more for the hunting services. © 2017, Springer-Verlag Berlin Heidelberg.