Investigating fishers' preferences for the design of marine Payments for Environmental Services schemes

Last modified: 
December 14, 2019 - 11:25am
Type: Journal Article
Year of publication: 2014
Date published: 12/2014
Authors: Rhona Barr, Susana Mourato
Journal title: Ecological Economics
Volume: 108
Pages: 91 - 103
ISSN: 09218009

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.

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