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Nøstbakken, Linda; Diekert, Florian Klaus; Li, Yuanhao & Richter, Andries Peter
(2023).
Non-compliance behavior, investment and use of extraction rights for natural resources.
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Diekert, Florian Klaus; Li, Yuanhao; Nøstbakken, Linda & Richter, Andries Peter
(2023).
Non-compliance behavior and use of extraction rights for natural resources.
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Diekert, Florian Klaus; Nesje, Frikk; Heyen, Daniel & Shayegh, Soheil
(2022).
Early warning of tipping points improves management but may encourage risk-taking.
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Diekert, Florian Klaus & Schaap, Robbert
(2022).
Does nature shape economic preferences? Evidence from Chile, Norway and Tanzania.
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Diekert, Florian Klaus; Richter, Andries Peter & Nøstbakken, Linda
(2022).
Modern Compliance Policies in Fisheries.
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Richter, Andries Peter; Diekert, Florian Klaus; Nøstbakken, Linda & Li, Yuanhao
(2022).
Behavioral motives of investments in catch-share managed fisheries.
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Diekert, Florian Klaus; Li, Yuanhao; Nøstbakken, Linda & Richter, Andries Peter
(2022).
Non-compliance behavior and use of extraction rights for
natural resources.
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Diekert, Florian Klaus; Goeschl, Timo & König, Christian
(2019).
The Nature of Experience.
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Diekert, Florian Klaus & Brekke, Kjell Arne
(2019).
Groups discipline resource use under scarcity.
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Diekert, Florian Klaus; Stoeven, Max & Quaas, Martin
(2018).
Deregulating fishing gear choice: A comparison of number and biomass quotas.
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Stoeven, Max; Diekert, Florian Klaus & Quaas, Martin
(2018).
Deregulating fishing gear choice: A comparison of number and biomass quotas.
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Diekert, Florian Klaus; Li, Yuanhao; Nøstbakken, Linda & Richter, Andries Peter
(2018).
Non-compliance behavior and use of extraction rights for natural resources.
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Richter, Andries Peter; Diekert, Florian Klaus; Nøstbakken, Linda & Li, Yuanhao
(2017).
Why do fishermen comply with regulations? The role of preferences .
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Diekert, Florian Klaus; Nøstbakken, Linda; Richter, Andries Peter & Li, Yuanhao
(2017).
Behavioural determinants of compliance decisions in Norwegian fisheries.
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Diekert, Florian Klaus; Nøstbakken, Linda; Richter, Andries Peter & Li, Yuanhao
(2017).
Behavioural determinants of investment and compliance decisions in Norwegian fisheries.
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Diekert, Florian Klaus; Eikeset, Anne Maria; Romagnoni, Giovanni & Lindroos, Marko
(2017).
Population specific vs undifferentiated management of North Sea cod: A bioeconomic analysis of population specific vs undifferentiated management in a changing climate: North Sea cod as a case study.
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Diekert, Florian Klaus; Nøstbakken, Linda & Richter, Andries Peter
(2017).
Why do fishermen comply with regulations? The role of preferences.
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Diekert, Florian Klaus; Nøstbakken, Linda & Richter, Andries Peter
(2017).
Why do fishermen comply with regulations?
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Li, Yuanhao; Nøstbakken, Linda; Diekert, Florian Klaus & Richter, Andries Peter
(2017).
Behavioral drivers of investments in catch-share managed fisheries.
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Diekert, Florian Klaus; Langangen, Øystein; Färber, Leonie Anette; Stige, Leif Christian & Durant, Joel Marcel
(2016).
Ticket to Spawn – Using economic data to shed light on biological hypothesis.
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Li, Yuanhao; Nøstbakken, Linda; Diekert, Florian Klaus & Richter, Andries Peter
(2016).
Behavioral drivers of investments in catch-share managed fisheries.
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Li, Yuanhao; Nøstbakken, Linda; Richter, Andries Peter & Diekert, Florian Klaus
(2016).
Behavioral drivers of investments in catch-share managed fisheries.
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Färber, Leonie Anette; Stige, Leif Christian; Durant, Joel Marcel; Diekert, Florian Klaus & Langangen, Øystein
(2016).
Ticket to Spawn – Using economic data to shed light on biological hypothesis.
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Richter, Andries Peter; Nøstbakken, Linda & Diekert, Florian Klaus
(2016).
Using behavioral experiments to understand preferences with regard to risk, patience, and cooperation in Norwegian fisheries.
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Gokhale, Sanmitra; Richter, Andries Peter; Nøstbakken, Linda & Diekert, Florian Klaus
(2016).
Understanding financial risk for fishers and the role of diversification.
Show summary
Fishers’ risk management strategies are so far poorly understood. They face high income variability due to fluctuations in market price and catches of fish. One of the ways to mitigate this risk, has been to construct portfolios of quota whose revenues are either uncorrelated or negatively correlated with each other. This has made taking a portfolio approach to fisheries more popular. This research will empirically analyse the diversity of revenues of fishers’ using Norwegian fisheries data. Using a diversity index, we will look at whether there are any longer term trends in diversification and differences in diversification between pelagic and demersal fishers. Further, we analyse whether diversification differs between vessel groups (which is based on vessel length) and depends on the home port of a vessel. This research speaks to the current financial risk management behaviour of fishers as well as their risk profile, and can provide insights into better risk management methods for fishers going forward. It also has policy implications, as some quota systems encourage specialization (such as, regulations limiting who can participate in a fishery), which can be harmful for the long term financial well-being of the fishers’ as well as the local economy at large.
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Diekert, Florian Klaus; Nøstbakken, Linda; Richter, Andries Peter & Skjeret, Frode Andre
(2016).
Risk and Risk Exposure in Norwegian Fisheries.
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Li, Yuanhao; Nøstbakken, Linda; Diekert, Florian Klaus & Richter, Andries Peter
(2016).
The impact of risk, time, and social preferences on individual investment decisions in a fishery.
Show summary
Excess and over capacity are key management issues in global fisheries. These issues have also received widespread attention in the literature. Previous work on firm-level investment behavior in fisheries, both theoretical and empirical, typically assumes risk neutral and profit maximizing agents. While this work has led to a much better understanding of the dynamics of investments and capacity both at the firm and the industry level, there is firm-level variation in observed behavior that has yet to be fully explained (see e.g. Nøstbakken, 2012). In this paper, we analyze individual investment behavior in the fishing industry. We use data from a combined web-based experiment and survey of Norwegian fishers conducted in the spring of 2014 to analyze this empirically. In the economic experiment, the participants won real money in a set of lotteries based on their answers and lottery outcomes. Based on their lottery choices, we derive measures of various individual preferences, including time, risk, and social preferences. We combine these preference measures with the fishers’ survey responses related to investment decisions made in the last six years, to conduct our empirical analysis. Differences in preferences across owners of fishing firms, which are typically unobservable, can potentially explain a large share of the observed variation in investment behavior found in previous studies. Extending the investment model also has important policy implications as it enables us to predict better the implications of various policies, and to take a step beyond what we can derive from the standard theoretical economic models.
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Diekert, Florian Klaus; Nøstbakken, Linda & Richter, Andries Peter
(2016).
Why do fishermen comply with regulations? The role of preferences.
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Romagnoni, Giovanni; Diekert, Florian Klaus; Eikeset, Anne Maria & Lindroos, F.
(2015).
Exploring population-specific management for North Sea cod meta-population.
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Diekert, Florian Klaus; Rivrud, Inger Maren; Mysterud, Atle & Richter, Andries Peter
(2015).
Hunting:How social institutions shape selection pressure.
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Diekert, Florian Klaus & Nieminen, Emmi Elina
(2015).
International fisheries agreements with a shifting stock.
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Diekert, Florian Klaus
(2015).
Threatening Thresholds? The effect of potential regime shifts on the cooperative and non-cooperative use of environmental goods and services.
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Diekert, Florian Klaus & Richter, Andries Peter
(2015).
Stabilizing and de-stabilizing effects of multi-species interactions above and beneath the sea-surface.
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Diekert, Florian Klaus; Nøstbakken, Linda & Richter, Andries Peter
(2015).
Risk and Risk Exposure in Norwegian Fisheries.
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Diekert, Florian Klaus; Nøstbakken, Linda & Richter, Andries Peter
(2015).
Why do fishermen comply with regulations? The role of preferences.
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Diekert, Florian Klaus; Nøstbakken, Linda & Richter, Andries Peter
(2015).
Why do fishermen comply with regulations? The role of preferences.
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Diekert, Florian Klaus; Nøstbakken, Linda & Richter, Andries Peter
(2015).
Why do fishermen comply with regulations? The role of preferences.
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Romagnoni, Giovanni; Diekert, Florian Klaus; Lindroos, Marko & Eikeset, Anne Maria
(2014).
Spatial management strategies for populations of cod (Gadus morhua) in the North Sea.
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Diekert, Florian Klaus
(2014).
Stabilizing and de-stabilizing effects of multi-species interactions above and beneath the sea-surface.
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Diekert, Florian Klaus
(2014).
Threatening Thresholds.
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Diekert, Florian Klaus
(2014).
Threatening Thresholds.
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Diekert, Florian Klaus
(2014).
From Open Access to Individual Quotas.
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Diekert, Florian Klaus
(2013).
From Open Access to Individual Quotas.
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Diekert, Florian Klaus
(2013).
The growing value of age: Exploring economic gains from age-specific harvesting.
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Diekert, Florian Klaus
(2013).
From Open Access to Individual Quotas.
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Diekert, Florian Klaus
(2012).
Estimates of economic gains from better management depend strongly on the biological modeling assumptions and the selectivity pattern.
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Diekert, Florian Klaus
(2012).
Hunting: How social institutions shape selection pattern.
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Diekert, Florian Klaus
(2010).
Growth Overfishing.
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Diekert, Florian Klaus; Eikeset, Anne Marie; Hjermann, Dag Øystein & Stenseth, Nils Christian
(2010).
Utvid maskevidden.
Aftenposten (morgenutg. : trykt utg.).
ISSN 0804-3116.
3,
p. 7–7.
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Diekert, Florian Klaus & Nævdal, Eric
(2009).
NRK Morgennytt.
[TV].
Oslo.
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Diekert, Florian Klaus
(2009).
Target the right fish! The importance of gear selectivity as a control variable.
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Diekert, Florian Klaus
(2009).
The importance of considering age-structure for successful ITQ management.
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Diekert, Florian Klaus
(2009).
Catch shares do not prevent growth overfishing.
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Diekert, Florian Klaus
(2008).
Strategic Constraints on the optimal management of the North-East Arctic cod fishery.
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Diekert, Florian Klaus
(2008).
STRATEGIC CONSTRAINTS ON OPTIMAL MANAGEMENT OF THE NORTH-EAST ARCTIC COD FISHERY.
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Diekert, Florian Klaus; Nøstbakken, Linda & Richter, Andries Peter
(2020).
Modern Compliance Policies in Fisheries.
Samfunns- og næringslivsforskning.
ISSN 1503-2140.
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Richter, Andries Peter; Eikeset, Anne Maria; Van Soest, Daan; Diekert, Florian Klaus & Stenseth, Nils Christian
(2016).
Optimal management under institutional constraints – Determining a total allowable catch for different fleet segments in the North East Arctic cod fishery.
revised & resubmitted to Environmental & Resource Economics.
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Diekert, Florian Klaus; Nøstbakken, Linda; Richter, Andries Peter & Skjeret, Frode Andre
(2015).
Risk and Risk Exposure in Norwegian Fisheries.
Samfunns- og næringslivsforskning.
ISSN 1503-2140.
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Diekert, Florian Klaus; Nøstbakken, Linda & Richter, Andries Peter
(2015).
Why do fishermen comply with regulations? The role of preferences.
Samfunns- og næringslivsforskning.
ISSN 1503-2140.
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Diekert, Florian Klaus; Schweder, Tore & Lund, Kristen
(2014).
From Open-Access to Individual Quotas: Disentangling the Effects of Policy Reform and Environmental Changes in the Norwegian Coastal Cod Fishery.
Økonomisk Institutt, UiO.
ISSN 0809-8786.
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Diekert, Florian Klaus; Hjermann, Dag Øystein; Nævdal, Eric & Stenseth, Nils Christian
(2008).
Optimal Age- and Gear-specific Harvesting Policies for North-East Arctic Cod.
University of Oslo, Department of Economics.
ISSN 0809-8786.