Implementing Vessel Monitoring Devices in Small Scale Fisheries: Analysis of Social and Economic Enabling Conditions to Maximize Adoption
This project analyzed the willingness of small-scale fisheries to participate in a vessel tracking program that is incentive-compatible to their preferences. The team conducted a dual response choice experiment to evaluate fisheries' preference data from surveys conducted in Indonesia and Mexico, then utilized a contingent valuation to gauge both fishers’ willingness to pay for a tracking program and the effects of fishers’ characteristics on their willingness to pay.
Faculty Advisors: Christopher Costello
Clients: Global Fishing Watch