Abstract:
The findings of this study underline the importance of understanding decision-making behaviour around risks for climate risk management in fish farming. The study aimed to improve how farmers make investment decisions in their fish farms when faced with risks from floods. The simulation game provided novel situations of experimental, role-playing, and decision-making, revealing limitations in common assumptions about the ease of learning from previous experiences. Findings also suggest that decision-support systems for aquaculture should take into account how recent experiences, understanding of information, and other factors influence risk perceptions and decisions.
