Keywords: aquaculture, stated preferences, choice experiments, sustainable seafood, seafood production, ecolabelling, economics, tradeoffs
Estimating preferences for non-market attributes of aquaculture and sustainable seafood production: methods and empirical applications
If aquaculture is to promote sustainable seafood production, the public must be willing to accept associated tradeoffs. Tradeoffs may include impacts on a variety of environmental and social attributes. Public preferences for aquaculture may differ according to type of operation, species, region, and other factors. Stated preference methods can assist policymakers in designing balanced, beneficial, and widely-supported aquaculture projects. This paper discusses the use of stated preference methodology to assess tradeoffs associated with aquaculture. An application to sustainable seafood production highlights both the methodology and results associated with such methods.