Ocean Acidification (OA) has become one of the most studied global stressors in marine science worldwide during the last fifteen years. Despite the variety of studies on the biological effects of OA with marine commercial species, estimations of these impacts over consumers’ preferences have not been studied in detail, compromising our ability to undertake an assessment of some market and economic impacts resulting from OA at local scales. Here, we use a novel and interdisciplinary approach to fill this gap. We experimentally test the impact of OA on commercially relevant physical and nutritional attributes of mussels, and then we use economic discrete choice models to assess the marginal effects of these impacts over consumers´ preferences and wellbeing. Results show that attributes, which are significantly affected by OA, are also those preferred by consumers, affecting their marginal willingness to pay and wellbeing. The interdisciplinary approach developed here, complements research conducted on OA by effectively informing how OA economic impacts can be analyzed under the lens of marginal changes in market price and consumers´ welfare. Thereby, linking global phenomena to consumers’ wellbeing, and shifting the focus of OA impacts to assess the effects of local vulnerabilities in a wider context of people and businesses.
Linking Social Preferences and Ocean Acidification Impacts in Mussel Aquaculture
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Martin, V. A. S., Gelcich, S., Vásquez Lavín, F., Ponce Oliva, R. D., Hernández, J. I., Lagos, N. A., … Vargas, C. A. (2019). Linking social preferences and ocean acidification impacts in mussel aquaculture. Scientific Reports, 9(1). doi:10.1038/s41598-019-41104-5