Safety outcomes are one measure of the performance of a commercial fishery. Catch share management, which allocates fishing quota to individual vessels or entities, may reduce economic incentives to engage in risky behavior in the “race to fish”. The Multispecies Fishery in the Northeast region of U.S. is considered the...
Information on the total costs associated with commercial fishing is essential to quantitative estimation of fisheries performance measures that indicate the fleet’s economic health over time as biological, management and cost conditions change. NOAA’s Northeast Fisheries Science Center (NEFSC) collects fixed and labor costs on a periodic basis through voluntary...
Fishing years 2012 -2013 brought declines in socio-economic performance for the Northeast groundfish fishery. Severe reductions in catch limits for key species such as Atlantic cod have constrained fishing behavior and declining groundfish revenues cannot be offset by non-groundfish revenues earned by the fleet. Little is known about the way...