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Willingness to accept compensation of seaweed cultivators to shift from mariculture to ecotourism related businesses for conservation of marine resources in Tun Sakaran Marine Park...
Published 2015“…Therefore, this study will investigate the potential of adopting Payments for Ecosystem Services (PES) scheme for marine ecosystem conservation in TSMP by implementing microeconomic concept of willingness to accept (WTA) to the seaweed cultivators. The alternative is by giving them compensation to reduce their production by 25%, 50%, 75% or fully shift from seaweed mariculture to ecotourism related businesses such as tour guides, boatmen and so on. …”
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