An economic literature concerns instruments to improve the preference elicitation methods for the reform-based governmental programs. We construct an instrument for the budget allocation method using a Cobb-Douglas functional form. We apply the instrument to the survey data which is collected for Swedish Recreational Fishing Industry to elicit the preferences for governmental management actions. We analyze the elasticity or weights in the instrument by the binary logit and censored regression models and by comparing the significant estimates by the gross and net effects we get results which increase credence to the instrument we apply. / I am heartily thankful to my supervisor, Thomas Laitila, whose guidance and support from the initial to the final level enabled me to develop the thesis.More, I offer my regards to Anders Lunander who supported me in any respect during the completion of the thesis.