Scandinavian Working Papers in Economics

Working Papers in Economics,
University of Gothenburg, Department of Economics

No 675: Do you trust me? – Go Fish! A Study on Trust and Fisheries Management

Håkan Eggert (), Mitesh Kataria () and Elina Lampi ()
Additional contact information
Håkan Eggert: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: P.O. Box 640, SE 40530 GÖTEBORG, Sweden
Mitesh Kataria: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: P.O. Box 640, SE 40530 GÖTEBORG, Sweden
Elina Lampi: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: P.O. Box 640, SE 40530 GÖTEBORG, Sweden

Abstract: This paper investigates trust among stakeholders in fisheries management. We asked the general public, environmental bureaucrats, and recreational and commercial fishers whether they believed various stakeholders have sufficient knowledge to take a stance regarding fisheries management issues in a choice experiment they themselves had just been exposed to. We found that the general public and recreational fishers tend to trust bureaucrats to have sufficient knowledge, while bureaucrats distrust the general public. The commercial fishers in our sample deviate from the other respondents with high self-trust and low trust in both the general public and bureaucrats. In addition, bureaucrats tend to think that their colleagues are more knowledgeable than them. When looking at observable characteristics, we find that, regardless of comparison group, males show higher trust in their own knowledge than do females, and those with higher education believe they are more knowledgeable than people in general.

Keywords: Trust; Fisheries Management; Overconfidence; Choice experiment

JEL-codes: Q22

25 pages, October 2016

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