Abstract:
This study aims to investigate local fisherman’s willingness to accept compensation for commercial
sea cucumber farms in Jaffna Lagoon, Sri Lanka, and analyse the factors influencing the selected
attributes for this study. A choice experiment was applied in this study. A well-structured
questionnaire was employed, and a random sample of 164 participants was chosen from the local
fishing community within the Jaffna Lagoon. This study focuses on five attributes- rearing area of
sea cucumbers, breeding sites of fishes and crustaceans, tourist facilities, mangroves, and cost. A
random parameter logit model was used to estimate respondents' preferences. The results revealed
that local fishermen are willing to accept compensation for commercial sea cucumber farms and are
willing to pay for improvements in the breeding sites for fish and crustaceans, tourist facilities, and
mangroves. Fisherman’s annual mean willingness to accept compensation for the establishment of
commercial sea cucumber farms in Jaffna lagoon is estimated to be LKR 1,842.25 and fisherman’s
annual mean willingness-to-pay for enhancing breeding sites, tourist facilities, and mangroves is
estimated to be LKR 1,622.48, LKR 1,272.48, and LKR 700.48 per year, respectively. Furthermore,
our research has highlighted that fisherman's choices regarding breeding sites for fish and
crustaceans are significantly influenced by their educational background and monthly income. In
addition, the level of education among fishermen plays a significant role in determining their
inclination toward tourist facilities and mangroves. The results of this study provide valuable
insights for policymakers, aiding in the development of sustainable policies for commercial sea
cucumber farms in the region. By understanding the preferences of local fishermen, policymakers
can work towards striking a balance between economic development and environmental
conservation.
