Location Choice of Commercial Fishermen with Heterogeneous Risk Preferences

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Theories and behavioural drivers underlying fleet dynamics models (2012, background): “Variability of fishing returns has been shown to have significant effects, in addition to actual or past catches, revenues or profit (Bockstael and Opaluch 1983; Dupont 1993; Holland and Sutinen 1999; Mistiaen and Strand 2000; Pradhan and Leung 2004b).”
Modeling trip choice behavior of the longline fishers in Hawaii (2004, methodology): “Studies on behavioral aspects of fishers are emerging and the discrete choice model used by Bockstael and Opaluch on output supply response has since become the framework of choice for fishery economists on studies related to fishery and fishing location choices (Mistianen and Strand, 2000).”
Fish Price Volatility (2014, background): “…has been directed towards understanding this risk and how fishermen behave and respond to incentives in such an environment (Bockstael and Opaluch 1983; Mistiaen and Strand 2000; Smith and Wilen 2005; Eggert and Martinsson 2004; Eggert and Tveteras 2004; Holland 2008; Holland and Sutinen 2009).”