Valuing the recovery of overexploited fish stocks in the context of exostence and option values

Valuing the recovery of overexploited fish stocks in the context of exostence and option values

Primary Country: Spain
Ecosystem: species
Sample Value Estimates:
  1. €15.83: Willingness to pay for a 10 year recovery programme from 2005 levels for Norwegian lobster to 4000 tons by 2015
  2. €24.57: for European hake for recovery to 55,000 tons

Publication information

Ojea, E Loureiro, ML. “Valuing the recovery of overexploited fish stocks in the context of exostence and option values” Marine Policy, 34: 514-521., 2010

Addtional Notes

A contingent valuation survey based on in-person interviews in Galicia, with a final sample based on 678 observations (from original sample of 840). Four questionnaires employed including two each for European hake and Norwegian lobster, which allowed option and existence values to be identified. A once only tax payment was used as the payment vehicle.

Information provided when available, for more information please visit the original database or PDF.