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Conditional rewards for sustainable behavior: targeting lessons from an open access fishery

Author

Listed:
  • Hopfensitz, Astrid
  • Mantilla, Cesar
  • Miquel-Florensa, Josepa

Abstract

We design and conduct a lab-in-the-field experiment to test the effect of a conditional contract on the sustainability of an open access fishery, where unit prices are conditional on aggregate catch. The contract provides collective incentives to decrease extraction but maintain the individual incentives of extraction maximization. We conduct the experiment with two communities of artisanal fishermen differing in their market and technological restrictions. We find that the conditional contract, compared to a fixed price scheme, increases efficiency, the duration of the resource and the total yield. The contract has a greater effect upon groups from the less restricted community.

Suggested Citation

  • Hopfensitz, Astrid & Mantilla, Cesar & Miquel-Florensa, Josepa, 2016. "Conditional rewards for sustainable behavior: targeting lessons from an open access fishery," IAST Working Papers 16-35, Institute for Advanced Study in Toulouse (IAST).
  • Handle: RePEc:tse:iastwp:30488
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    Keywords

    artifactual field experiment; dynamic resource; artisanal fishery; stochastic production function;

    JEL classification:

    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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