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

Isha Dube, Martin Quaas, Julian Sagebiel and Rudi Voss

Open Access Publications from Kiel Institute for the World Economy from Kiel Institute for the World Economy (IfW Kiel)

Abstract: 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.

Keywords: bioeconomic model; discrete choice experiment; fisheries; renewable resource management; sustainability label (search for similar items in EconPapers)
JEL-codes: Q11 Q22 (search for similar items in EconPapers)
Date: 2025
New Economics Papers: this item is included in nep-exp
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkie:318204

DOI: 10.1111/ajae.12544

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