Coral reefs in Nha Trang City have been threatened by human activities such as use of dynamite, illegal harvesting, shipping, and pollution from the nearby port development project. How much recreational benefit from coral reefs is lost if these activities are not held in check? Using travel cost method, this study estimated the recreational value of coral reefs in Nha Trang to be VND 259.8 billion (USD18.3 million) annually, of which Hon Mun’s consumer surplus was estimated to be VND 45.4 billion (USD3.2 million).

Highlights

• Most African fisheries operate under governance systems with open access incentives.

• African fisheries are scoring lower than the global averages in the three sustainability pillars.

• The largest performance gaps between African fisheries

Highlights

Most stated preference studies estimate discount rates using a split-sample approach. Each sample faces a different payment frequency (for instance, 1, 5, 10) together with a randomly assigned bid vector; both the frequency of payments and the bid are fixed for a specific individual. This paper evaluates whether allowing respondents to choose their preferred payment frequency affects the estimated discount rate.

 Studies around Lake Victoria documented various challenges hindering higher landing prices among artisanal fishers associated with varying attributes of fish. However, determination of the effects of fish attributes on landing price, which is potential to the wellbeing of fishermen, remains undisclosed during the landing of the fish harvest to the landing sites. This paper employed cross-section data from 300 fishermen to examine the effects of fish attributes on fish prices of the selected fish species.