Consumer preferences for sustainably sourced seafood: Implications for fisheries dynamics and management

Autoren

• Dube
• I.
• Quaas
• M.
• Sagebiel
• J.
• Voss
• R.

Erscheinungsdatum

DOI

10.1111/ajae.12544

JEL Classification

Schlagworte

Many fish consumers reveal a preference for sustainably sourced seafood in their purchasing decisions. We propose a bioeconomic modeling approach and an empirical strategy, based on a discrete choice experiment, to quantify the resulting effects on fishery dynamics and to derive implications for efficient fishery management. We show that a “consumer stock effect” arises, which stabilizes a fishery under open access and which decreases catches under economically efficient management. We quantify these effects for the Western Baltic cod fishery.

Kiel Institut Expertinnen und Experten