Economics of certification schemes
This chapter outlines the theoretical foundations of certification and eco‐labelling in fisheries and aquaculture. The chapter furthermore discusses the recent increase in the use of certification schemes in fisheries and aquaculture, discusses the points of view of the consumers, retailers, processors and fishers. Who are the key stakeholders in the market for certification? How do they influence the market for certification schemes? These are key questions that are examined in this chapter. The costs and benefits of the stakeholder groups with respect to certification are outlined as this will influence the incentives, or disincentives, to use certification. Another key issue addressed is the role of public authorities in the market for certification.
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Document Type: Review Article
Publication date: 2011-09-01