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Investigating fishers' preferences for the design of marine payments for environmental services schemes

Barr, Rhona F. and Mourato, Susana (2014) Investigating fishers' preferences for the design of marine payments for environmental services schemes. Ecological Economics, 108. pp. 91-103. ISSN 0921-8009

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Identification Number: 10.1016/j.ecolecon.2014.09.006

Abstract

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 PES design.

Item Type: Article
Official URL: http://www.journals.elsevier.com/ecological-econom...
Additional Information: © 2014 The Authors CC-BY-NC-ND 4.0
Divisions: Geography & Environment
Subjects: G Geography. Anthropology. Recreation > GE Environmental Sciences
Sets: Departments > Geography and Environment
Date Deposited: 15 Dec 2015 13:03
Last Modified: 20 Jan 2020 05:34
Projects: PTA-031-2006-00291
Funders: Economic and Social Research Council
URI: http://eprints.lse.ac.uk/id/eprint/64712

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