Diversification of fishery revenue can reduce interannual variation in revenue and thereby lower financial risk (e.g., Kasperski and Holland, 2013; Cline, Schindler, and Hilborn, 2017; Sethi, Reimer and Knapp 2014; Anderson, Ward and Shelton 2017), Average fishery diversification levels on the US West Coast have been declining over time –...
Iceland adopted an ITQ system for all of its fisheries more than three decades ago. The system has worked well in increasing the economic performance of the fisheries and, at least seemingly, the enforcement of the TACs. The Fisheries Directorate (FD) is aware of the potential problem of discards and...
In this paper, we analyze how public monitoring and enforcement (M\&E) efforts affect the success of a collective property right. We develop a bioeconomic model to generate several theoretical predictions, which we test empirically by assembling and analyzing novel data on public patrolling and fishing activity in the Chilean abalone...
Artificial reefs (AR) were created not only to enhance biodiversity (namely by stimulating the increase of fish stocks), but also to attract diving tourism or sport fishing enthusiasts. Industry 4.0 tools – e.g., mobile technologies and cloud computing – can be used for AR monitoring purposes and can serve as...
Artificial reefs (AR) were created not only to protect sea bottoms (Lee et al., 2018) and enhance biodiversity namely by stimulating the enhancement of fish stocks (Pioch et al., 2020), but also to attract diving tourism (Shani et al., 2012) or sport fishing enthusiasts (Radonski et al., 2018). In order...
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...
Over recent decades, the EU aquaculture sector has been implementing actions towards the minimization of waste as a strategy for increasing the circular attributes of the management system. In this context, it is relevant to develop methodologies to quantify and assess the circularity that will ultimately be achieved by new...
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...
There is no doubt that policy makers must ensure that the different regulation frameworks contribute to the maintenance of resilient ecosystems that sustain healthy resources for commercial fishers, contributing to the economies that depend on their activity and supply markets with healthy products. However, marine recreational fishing also contributes significantly...
The European Union, under the European Maritime and Fisheries Fund, implement the Community-Led Local Development (CLLD). This programme is designed to address the main challenges faced in the fisheries areas by proposing and testing new solutions by the coastal population. In this sense, Spain plays a key role due to...