Transition Patterns of Fishermen and Farmers into Seaweed Small-Scale Aquaculture: The Role of Risk and Time Preferences 20-03
The extensive kelp forests along Chile’s coastline are an important source of income for many small fishing operations in Chile. But harvesting pressure has denuded many areas of the sea floor, threatening the health of the inshore marine environment. Recently, small operators have begun work to repopulate and/or cultivate seaweed. This work aims at studying the role of fishing and agriculture as outside options and their interactions with risk and time preferences in the uptake of seaweed aquaculture technology.