Stream 4: Human dimension
Experimental economics evidence for contributions to marine and coastal collective goods
- A. Schlüter, K. Nelson
- Leibniz Center for Tropical Marine Ecology (ZMT), Bremen, Germany
Orals and posters
Cooperation is fundamental to the collective management of marine and coastal resources. Due to the common property characteristics, marine resources can be easily exploited both by overusing and underinvesting in the maintenance of resources. As conventional economic theory, but also many real world examples suggests, this behaviour often leads to either an extraction dilemma (tragedy of the commons) or a provision problem. However, there are also examples that contradict these assumptions showing that individuals cooperate and are able to manage their common property. Understanding the underlying factors that lead to greater cooperation is important for policy makers to implement successful interventions. This session aims to feature studies that focus on providing insight into the nuances that are specific to marine ecosystems to adapt approaches, methodologies, and policies to the coastal context. Contributions are especially invited on the following themes: (i) The role of behavioural economics in marine resource use policy design, (ii) Experimental (lab and field) approaches to biodiversity and ecosystem service conservation, (iii) Institutional frameworks for resource conservation (fishing rights, market instruments etc.), (iv) Using experimental economics for impact assessment and evaluation of policies and programs.