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Estimates of fishermen's personal discount rate

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  • John Curtis

Abstract

Most empirical research on personal discount rates (PDRs) relates to individuals purchasing household appliances and inter-temporal choices on monetary transactions. No estimates of PDRs associated with natural resource exploitation were found in the literature and the purpose of this letter is to present estimates of commercial fishermen's PDRs implicit in choices on a hypothetical fish-stock recovery programme. Knowledge of such PDRs are necessary for the design of effective voluntary programmes for fish stock conservation.

Suggested Citation

  • John Curtis, 2002. "Estimates of fishermen's personal discount rate," Applied Economics Letters, Taylor & Francis Journals, vol. 9(12), pages 775-778.
  • Handle: RePEc:taf:apeclt:v:9:y:2002:i:12:p:775-778
    DOI: 10.1080/13504850210128802
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    Citations

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    Cited by:

    1. Bond, Craig A. & Cullen, Kelly Giraud & Larson, Douglas M., 2009. "Joint estimation of discount rates and willingness to pay for public goods," Ecological Economics, Elsevier, vol. 68(11), pages 2751-2759, September.
    2. Martin F. Quaas & Ralph Winkler, 2017. "A Market Mechanism for Sustainable and Efficient Resource Use under Uncertainty," CESifo Working Paper Series 6524, CESifo Group Munich.
    3. Jardine, Sunny L. & Sanchirico, James N., 2015. "Fishermen, markets, and population diversity," Journal of Environmental Economics and Management, Elsevier, vol. 74(C), pages 37-54.
    4. Castillo, Marco & Ferraro, Paul J. & Jordan, Jeffrey L. & Petrie, Ragan, 2011. "The today and tomorrow of kids: Time preferences and educational outcomes of children," Journal of Public Economics, Elsevier, vol. 95(11), pages 1377-1385.
    5. Johnson, Ayana Elizabeth & Saunders, Daniel Kaiser, 2014. "Time preferences and the management of coral reef fisheries," Ecological Economics, Elsevier, vol. 100(C), pages 130-139.
    6. Matthew Collins & John Curtis, 2017. "Value for money in energy efficiency retrofits in Ireland: grant provider and grant recipients," Applied Economics, Taylor & Francis Journals, vol. 49(51), pages 5245-5267, November.
    7. Nguyen, Quang, 2009. "Do fishermen have different preferences?: Insights from an experimental study and household data," MPRA Paper 16012, University Library of Munich, Germany.
    8. Breton, Michèle & Keoula, Michel Yevenunye, 2014. "A great fish war model with asymmetric players," Ecological Economics, Elsevier, vol. 97(C), pages 209-223.
    9. 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.
    10. Jordan, Jeffrey L. & Anil, Bulent & Herbert, Velma & Chatterjee, Swan, 2009. "Human Capital Investments in Education and Home Stability: Exploring Education, Homeownership and Poverty," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49320, Agricultural and Applied Economics Association.

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