The Value Of An Improvement To Lake Chamo To The Fishermen Of The Lake

Water quality is a major factor that affects fish and thus an improvement to Lake Chamornwould benefit. Fishermen of the lake directly. An improvement proposed in this study isrnimproving the quality of the lake one step from how the fishermen of the lake perceivedrnexisting water quality and maintaining the current depth of the lake.rnTo elicil the willingness 10 pay (WTP) of the fishermen to this improvement the study usedrnCVM by applying the double-bounded dichotomous choice value elicitation format.rnThe results suggest that the probability (jl saying yes .for a given bid increases with therneducation level of the respondent, income of the household, and it also increases if LakernChamo is the only lake for the respondent to catch fish. On the other hand this probabilityrndeclines as the perception of the respondent goes from bad 10 excellent. In addition, thisrnprobability decreases if the respondent is member to Arbaminch fishermen associationrnand the reason for this inverse relationship between the probability of yes response andrnmembership 10 the association may be due to the payment vehicle, i. e, since the registeredrn.fishermen have already been paying taxes, they may not be willing to pay additionalrntaxes.rnThe average W7P obtained in the study is 4.63 birr per month.rnKey words: Water quality, CVM, lake Chamo, Ethiopia, .fishermen.

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