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

Author

Listed:
  • Dube, Isha
  • Quaas, Martin
  • Sagebiel, Julian
  • Voss, Rudi

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.

Suggested Citation

  • Dube, Isha & Quaas, Martin & Sagebiel, Julian & Voss, Rudi, 2025. "Consumer preferences for sustainably sourced seafood: Implications for fisheries dynamics and management," Open Access Publications from Kiel Institute for the World Economy 318204, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkie:318204
    DOI: 10.1111/ajae.12544
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    File URL: https://www.econstor.eu/bitstream/10419/318204/1/Sustainably-sourced-seafood.pdf
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    More about this item

    Keywords

    bioeconomic model; discrete choice experiment; fisheries; renewable resource management; sustainability label;
    All these keywords.

    JEL classification:

    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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