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Low Discounting Behavior among Small-Scale Fishers in Fiji and Sabah, Malaysia

Author

Listed:
  • Louise S. L. Teh

    (Fisheries Economics Research Unit, University of British Columbia Fisheries Centre, 2202 Main Mall, Vancouver, British Columbia V6T 1Z4, Canada)

  • Lydia C. L. Teh

    () (Fisheries Economics Research Unit, University of British Columbia Fisheries Centre, 2202 Main Mall, Vancouver, British Columbia V6T 1Z4, Canada)

  • U. Rashid Sumaila

    () (Fisheries Economics Research Unit, University of British Columbia Fisheries Centre, 2202 Main Mall, Vancouver, British Columbia V6T 1Z4, Canada)

Abstract

Understanding the socio-economic factors that are associated with fishers’ willingness to delay gratification may be useful for designing appropriate fisheries management and conservation policies. We aim to identify the predictors of low discounting behaviour among fishers, which is analogous to having a longer-term outlook. We base our empirical study on two small-scale tropical reef fisheries in Sabah, Malaysia, and Fiji. We use an experimental approach to identify fishers with low discount rates, and then use a logistic regression model to identify predictors of low discount rates. We find that 42% of the respondents have low discount rates, and that site and village level variables are significant predictors of low discount rates. Within Sabah and Fiji, boat ownership and relative catch differentiate low discounting from non-low discounting fishers, but these variables have contradictory effects in Sabah and Fiji. Overall, our results imply that a substantial proportion of reef fishers may be willing to engage in conservation initiatives; however, local socio-cultural, economic, and ecological conditions have to be considered first during the process of designing management interventions.

Suggested Citation

  • Louise S. L. Teh & Lydia C. L. Teh & U. Rashid Sumaila, 2011. "Low Discounting Behavior among Small-Scale Fishers in Fiji and Sabah, Malaysia," Sustainability, MDPI, Open Access Journal, vol. 3(6), pages 1-17, June.
  • Handle: RePEc:gam:jsusta:v:3:y:2011:i:6:p:897-913:d:12848
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    References listed on IDEAS

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    Cited by:

    1. Torres-Guevara, Luz Elba & Schlüter, Achim, 2016. "External validity of artefactual field experiments: A study on cooperation, impatience and sustainability in an artisanal fishery in Colombia," Ecological Economics, Elsevier, vol. 128(C), pages 187-201.
    2. Louise Teh & Lydia Teh & U. Sumaila & William Cheung, 2015. "Time Discounting and the Overexploitation of Coral Reefs," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 61(1), pages 91-114, May.

    More about this item

    Keywords

    private discount rates; small-scale fisheries; socio-economics; Sabah; Fiji;

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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