Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/318204 
Year of Publication: 
2025
Citation: 
[Journal:] American Journal of Agricultural Economics [ISSN:] 1467-8276 [Issue:] Early View [Publisher:] Wiley [Place:] Hoboken, NJ [Year:] 2025 [Pages:] 1-23
Publisher: 
Wiley, Hoboken, NJ
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.
Subjects: 
bioeconomic model
discrete choice experiment
fisheries
renewable resource management
sustainability label
JEL: 
Q11
Q22
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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