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We estimate the risk attitudes of a large sample of small-scale fishers from various fishing communities along the west coast of South Africa, using subjects’ choices over lotteries with real monetary prizes. We find that participants are moderately risk averse and that risk attitudes...
Persistent link: https://www.econbiz.de/10009246577
The violation of fishing regulations is a criminal activity that leads to depleting fish stock levels across the world. This paper focuses on fishing violations in developing countries. In particular, the paper analyses the use of a fishing net with illegal mesh size in a two regimes, namely a...
Persistent link: https://www.econbiz.de/10008563323
This paper investigates how the possibility to ostracise, which is a familiar punishment mechanism to subjects in an experiment, affects harvest in a common pool resource experiment. The experiment was framed as a fishing problem and the subjects were young fishers in Ghana. We find that the...
Persistent link: https://www.econbiz.de/10008563332