What is it about?
The chapter presents findings from behavioural economics that are likely to underpin the decisions fishers make about the EU Landings Obligation that has just come into force. In particular we look at determinants of honesty and respect for the law; crowding out of voluntary compliance; the effects of being watched and loss aversion.
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Why is it important?
Top down fishery regulation often puts fishers in a position where they are almost encouraged to break the law. Under the old TAC system all non-quota fish had to be thrown back into the sea. As they were mostly dead, this hardly encouraged fishers to think that their actions were doing anything to conserve fish. The situation created a strong pressure on the fisher to cheat, keep the fish and sell them on the black market. This situation might be avoided if the understanding of human decision making generated by behavioural economists could be used to design regulations that do not put fishers in the invidious position they were in with TACs.
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This page is a summary of: Creating a Breeding Ground for Compliance and Honest Reporting Under the Landing Obligation: Insights from Behavioural Science, December 2018, Springer Science + Business Media,
DOI: 10.1007/978-3-030-03308-8_11.
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