ECSOFiM (Economic and Social of Fisheries and Marine Journal)
Vol 10, No 1 (2022): ECSOFiM October 2022

Contingent Valuation in Measuring Fishermen’s Willingness to Pay for the Conservation of Hammerhead Shark (Sphyrna spp) Resources in Tanjung Luar, East Lombok

Karto Wongsopatty (IPB University)
Luky Adrianto (Program Studi Pengelolaan Sumberdaya Pesisir dan Lautan, Sekolah Pascasarjana, Institut Pertanian Bogor)
Zairion Zairion (Program Studi Pengelolaan Sumberdaya Pesisir dan Lautan, Sekolah Pascasarjana, Institut Pertanian Bogor)
Irfan Yulianto (Departemen Pemanfaatan Sumberdaya Pesisir dan Lautan, Fakultas Perikanan dan Ilmu Kelautan, Institut Pertanian Bogor)
Hollie Booth (Departemen of Zoology, University of Oxford)
Andi Zulfikar (Departemen Manajemen Sumberdaya Perairan, Fakultas Ilmu Kelautan dan Perikanan, Universitas Maritim Raja Ali Haji)



Article Info

Publish Date
31 Oct 2022

Abstract

The hammerhead shark has high economic value, but its population is highly threatened due to its high exploitation. This study aims to calculate the level of preference of shark fishermen on the value of willingness to pay for the conservation of hammerhead shark resources. This research was conducted from November to December 2020 in Tanjung Luar Village, East Lombok Regency. The method used is observation and in-depth interviews with a sample of 150 shark fishermen. The analysis used is binary logit regression analysis using the R studio 4.1.2 tool. The results of this study indicate that (1) the total price of willingness to pay from all Tanjung Luar shark fishermen is IDR 9,654,000, and the average monthly value is IDR 53,633 per person; (2) factors that are quite influential on respondents' willingness to pay are age, education level, number of family members, and monthly income. The conservation of hammerhead shark resources needs to be considered because it has been included in the CITES Appendix II red list with a critically endangered status towards extinction. Suggestion there is a need for educational steps from various parties to fishermen regarding the importance of the existence of hammerhead sharks in the ecosystem so that they can reduce the high level of fishing activity in nature.

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Journal Info

Abbrev

ecsofim

Publisher

Subject

Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance Environmental Science Social Sciences

Description

ECSOFIM is an open-access journal, which became a scientific forum for students, lecturer, and researchers to publish the results of research within the scope of "Economic and Social Fisheries and Marine Sciences". This journal contains research results related to the research fields of economic ...