Journal
ECOLOGICAL ECONOMICS
Volume 108, Issue -, Pages 91-103Publisher
ELSEVIER
DOI: 10.1016/j.ecolecon.2014.09.006
Keywords
Payments for Environmental Services; Artisanal fisheries; Participation; Choice experiments
Funding
- UK Economic and Social Research Council [PTA-031-2006-00291]
- CARE
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We determine the effects of various management restrictions on adoption rates of marine Payments for Environmental Services (PES) schemes. Choice experiments are used in order to determine how fisher participation rates change under different marine PES programme designs. Various designs, with differing restriction rates, show different rates of adoption. However, fishers show a high utility loss associated with any move away from the current management situation, irrespective of restriction levels. This indicates that PES scheme costs may be high and creating an enabling environment could be important to reducing perceived losses, as could investment into conditional in-kind compensation mechanisms. The paper also shows choice experiments to be a useful tool in marine PFS design. (C) 2014 Elsevier B.V. All rights reserved.
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