Peer-Reviewed Journal Details
Mandatory Fields
van Osch, S,Hynes, S,O'Higgins, T,Hanley, N,Campbell, D,Freeman, S
2017
October
Marine Policy
Estimating the Irish public's willingness to pay for more sustainable salmon produced by integrated multi-trophic aquaculture
Published
WOS: 2 ()
Optional Fields
Sustainable aquaculture Choice experiments Ecolabels IMTA Willingness to pay CHOICE EXPERIMENTS PREFERENCE HETEROGENEITY CONSUMER PREFERENCES MARINE AQUACULTURE ECOLABELED SEAFOOD CHEAP TALK VALUATION MODELS LABELS FISH
84
220
227
Integrated Multi-Trophic Aquaculture (IMTA) has been put forward as a potential sustainable alternative to single fin fish species aquaculture. In IMTA, several species are combined in the production process. Integrating species has a conceivable dual advantage; the environmental impact can be lowered through nutrient cycling and from an economic perspective there is potential for increased efficiency, product diversification and a higher willingness to pay for more environmentally friendly produced salmon. This paper presents the results from a choice experiment which examines whether the Irish public is willing to pay a premium for "sustainably produced" farmed salmon from an IMTA process. Uniquely, an ecolabel was used in the design, based on familiar energy rating labels, to communicate the environmental pressure of fish farming to respondents. The experiment demonstrates that the Irish public has a willingness to pay a price premium for sustainability in salmon farming and for locally produced salmon.
10.1016/j.marpol.2017.07.005
Grant Details
Publication Themes