A quasi-population model for adult brown trout was developed for the Taylor River below the Taylor Park Reservoir in Colorado. This model allows the population to be predicted under alternative flow management regimes. The predicted population effects of two different flow release patterns were compared with the predicted population for the current reservoir operation regime. Changes in angler catch were imputed for these scenarios. The changes in catch were valued using estimates of willingness to pay obtained from anglers fishing at the site. Total angling effort was held constant. For both of the flow scenarios examined the difference in economic use value was limited. The relatively small changes in value predicted were shaped by the small changes in catch predicted and the high number of fish caught under current conditions. ¿ American Geophysical Union 1993