A development mandate is explicit in South Africa’s new fisheries legislation, the Marine Living Resources Act, which is based on the principles of equity, sustainability and stability. The new policy represents a significant departure from that of the previous Government, which largely confined its role to resource management. This presents...
Political controversies associated with individual fishing quota (“IFQ”) programs have impaired IFQ implementation. As an alternative, U.S. fishermen have sought rationalization through private ordering. Their ability to do so is subject to U.S. antitrust law, under which agreements among competitors allocating resource outputs are typically considered “per se” violations. However,...
The Market Quota System (MQS) is a free market style public resource tool. It can be applied to any public resource, such as fisheries, forestry, minerals, and even such things as airport runway scheduling slots, or taxi licenses etc. Any time that a public resource is sought after by private...
This paper examines the ability of a new policy to reduce bycatch of red snapper by the shrimp fishery in the Gulf of Mexico: Fractional License as proposed by Townsend. The policy is evaluated both theoretically and using a simulation model.
Traditional economic analysis posits market-based institutions as being substitutes for non-market based institutions.
The process of development then tends to be seen as the process of substituting the more efficient market based institutions for
their less efficient counterparts. This paper argues that non-market institutions are at times more efficient than...
A great deal is known about economic and social adjustments in modern societies, but the two are not well integrated in social science literature. The unique biological conditions in the fishery further complicate decision making at both the micro and macro levels. An assessment is made of how well current...
Bleach has been used for decades as an irritant in the British Columbia (BC) commercial octopus dive-fishery. Recently the FAO (United Nations Food and Agriculture Organization) declared that using noxious substances in any fishery is considered unlawful, under international law. Canada’s Department of Fisheries and Oceans (DFO) has asked BC...
Aquaculture is currently responsible for an insignificant proportion of total fish production in Uganda. However, given increasing demand for fresh fish in urban and peri-urban areas, and threats to the supply of fish from natural catch fisheries there seems to be a potentially strong market for fish and fish products...
This paper aims to reveal consumers’ preferences for quality graded fish products based upon existing data on first-hand sales in Denmark. The data represents the value of fish for consumption as a non-differentiated private good.
The objective is to measure the welfare gains to society of an increase in “quality”...