Global Trends: Foreign and transnational ownership (& ownership interests), Complex structures: vertical integration, flags of convenience, joint ventures, etc., Concentration: a handful of corporations controlling global fisheries (Österblom et al. 2015,Carmine et al. 2020). Why Regulate?: Risk of monopolies and market failure, Governance of corporations (i.e., compliance, enforcement), Who captures...
A vessel-based bio-economic model (IAM) is presented and applied to the Bay of Biscay sole fishery to investigate alternative quota management systems from a multi-criteria perspective. For this study, the model integrates several institutional arrangements related to catch share management. The current French co-management system with non-transferability of quota is...
Granting catch shares to cooperatives is a fisheries management option that has been widely applied. Although fishery cooperatives systems around the world are structured in various ways, it appears that most share the characteristic that members of the same cooperative are jointly and severally liable for not exceeding collectively assigned...
This paper compares two methods for collecting data concerning professional fishing fleets economic performance : use of preexisting bookkeeping databases and ad hoc field surveys of fishers. Each method has its pros and cons and, for practical reasons, it may be necessary to make use of both. Such a feature...
Since 2006, French quotas are shared out into annual catch entitlements per producer organizations (PO) according a stable allocation key. On this basis, PO’s have imposed catch shares to their own members but allocation and management rules are heterogeneous between PO’s. The objective of the paper is i) to assess...
Integrating governance mechanisms into bio-economic modeling tools is a key challenge for the assessment of fisheries management plans. Impact assessments are carried out without considering real management options and institutional context. Only fishing mortality changes and their impact on fish stocks are considered. The Bay of Biscay sole fishery offers...
Indicators of the economic performance of fishing vessels are frequently computed in many countries. Usually, measures of economic performance are based on the return on capital invested. However, several measures of capital value exist, according to the economic information available. In this paper, we use different types of information to...
While the need to solve problems of overcapitalization and excess investment in fisheries is now broadly
admitted, very little information exists on the level of capitalization and the structure of capital invested in
the fishing sector. This paper presents the first results of a research program aiming at assessing the...
This paper proposes a formal analysis of the discarding issue including the sorting labour costs. Empirical evidences from an application to the Nephrops fishery in the Bay of Biscay show that sorting is an important time consuming activity on board and a factor of discarding. However existing literature does not...
The decision to enter or exit a fishery can be expected to depend on the anticipated profitability of operating in
this fishery, as a function of observed vessel performances in previous years. For a vessel exiting a fishery,
there may be several reasons including decommissioning, selling or operating elsewhere. Entry...