Using a choice experiment to manage the excess demand challenges facing the Sundays River Estuary recreational fishery in South Africa
AbstractThe Sundays River Estuary, situated in the Eastern Cape, South Africa, has excess recreational demand for estuarine services, specifically recreational fishing. The estuary has been over-fished, putting its sustainability at risk. Various management interventions may be required in order to save it, but how is this to be done without reducing welfare. This paper reports the application of a choice experiment to guide this very issue. It is found that the physical size of fish stocks is a very important predictor of recreational choice at the Sundays River Estuary, and it is recommended that demand be curtailed through an increase in the boat license fee for using the estuary of R174 per annum.
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Bibliographic InfoPaper provided by Economic Research Southern Africa in its series Working Papers with number 331.
Length: 23 pages
Date of creation: 2013
Date of revision:
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Estuary; demand management; recreational attributes; recreational fishery; choice experiment;
This paper has been announced in the following NEP Reports:
- NEP-AFR-2013-03-02 (Africa)
- NEP-ALL-2013-03-02 (All new papers)
- NEP-DCM-2013-03-02 (Discrete Choice Models)
- NEP-ENV-2013-03-02 (Environmental Economics)
- NEP-TUR-2013-03-02 (Tourism Economics)
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