We study the compliance behavior of artisanal fishermen in central-southern Chile. Our empirical analysis explores the role of individual morality, perception of legitimacy, and peer effects as determinant factors in the decision to violate regulations. We control for potential simultaneity bias in the peer effects variable. Our results find evidence that moral standing, peer effects, and legitimacy considerations are important for fishermen's compliance decisions. Policy implications to improve compliance with regulations in artisanal fisheries are discussed.

JEL Codes: Q22, Q28, D63.