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

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  • 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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    References listed on IDEAS

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    1. Anders Skonhoft & Melina Kourantidou, 2021. "Managing a Natural Asset That Is Both a Value and a Nuisance: Competition versus Cooperation for the Barents Sea Red King Crab," Marine Resource Economics, University of Chicago Press, vol. 36(3), pages 229-254.
    2. Martin Quaas & Anders Skonhoft, 2022. "Welfare Effects of Changing Technological Efficency in Regulated Open-Access Fisheries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(4), pages 869-888, August.
    3. Richard Horan & Erwin Bulte, 2004. "Optimal and Open Access Harvesting of Multi-Use Species in a Second-Best World," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 28(3), pages 251-272, July.
    4. Qiujie Zheng & H. Holly Wang & Jason F. Shogren, 2021. "Fishing or Aquaculture? Chinese Consumers’ Stated Preference for the Growing Environment of Salmon through a Choice Experiment and the Consequentiality Effect," Marine Resource Economics, University of Chicago Press, vol. 36(1), pages 23-42.
    5. Kersulec, Coralie & Doyen, Luc & Cissé, Abdoul Ahad, 2024. "From fork to fish: The role of demand on the sustainability of multi-species fishery," Ecological Economics, Elsevier, vol. 225(C).
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    7. Horan, R.D. & Bulte, E.H., 2004. "Optimal and open access harvesting and multi-use species in a second best world," Other publications TiSEM 95000e50-7225-4f4d-aeaf-a, Tilburg University, School of Economics and Management.
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    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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