Contingent Valuation in Community-Based Project Planning: The Case of Lake Bamendjim Fishery Restocking in Cameroon
"Management of Lake Bamendjim fishery stock for the future is vital and deserves consideration. This is necessary in order to minimize the incidence of intercommunal disputes over fishing sites among the 15 sub-autonomous communities in the region. This study was therefore commissioned to design an improved planning methodology that could help elicit information on the value placed by the Bambalang inhabitants on a fishery restocking plan, and hence, the design of appropriate households levies or fees to reflect fairness and equity in the distribution. CVM was therefore used to measure the total economic value of the restocking plan."