The recent establishment of the Galápagos Marine Reserve (GMR) presents a unique opportunity to analyze the economic implications of using zonification as a tool to manage conflicting claims to a fragile and limited resource. Recognizing that the long-term success of the GMR depends on the cooperation of all of the...
This paper provides a brief description of the two key institutional designs of Japanese coastal fisheries and their role in cooperative fishery management. It is well known that Japanese fishery management regime utilizes fishery cooperatives, called Fishery Cooperative Associations (FCAs), which they are granted territorial user rights (called common fishing...
Bycatch of non-targeted species in marine fisheries has become a major policy issue in fisheries management over recent years. One approach to curbing the bycatch problem is the voluntary sharing of detailed spatiotemporal information between vessels as an aide in individual bycatch avoidance as well as a tool to lower...
A canvass of the resource economics literature of the last thirty years yields a limited number of applications of economic theory to the problems of recreational fishing. This neglect may be linked to the short shrift given to the control of recreational fisheries (relative to commercial fisheries) by fisheries managers...
In marine resource management, spatial policy instruments, including Marine Protected Areas, are becoming increasingly important. The economic motivation for spatially explicit policy is that renewable resources generate, in addition to the conventionally recognized incentives to over-harvest in the face of insecure property rights, spatial externalities that distort the spatial distribution...
There is increasing concern among fisheries scientists and managers over
the ecosystem effects of fisheries exploitation. This concern has been
motivated by several publications inferring that the structure of marine
ecosystems has been dramatically altered by historical patterns of fishing.
Among the most cited studies is the paper by Pauly...
The bycatch problem has remained troubling and persistent, even in
fisheries that have rationalized their target fisheries. The Alaskan Pollock
fishery is an example of a fishery struggling to contain the bycatch of
salmon in spite of a transformation of incentives associated with a
harvester coop system in the target...
Data scarcity and weak institutional governance make the implementation of top-down, quota-based fisheries management in much of the developing world’s fisheries difficult. An alternative to quota-based management is the use of space-based rights such as territorial use rights fisheries (TURFs). In spite of wide spread use of TURFs as a...
This paper analyzes the behavior of fishing households under individual transferable quotas (ITQ) system based on Singh, Squire and Strauss household model. ITQ system is sought to be the optimal fishery management regime in terms of economic efficiency. However, preceding theoretical analyses only considered implementing ITQ to a well established...