We empirically disentangle the efficiency mechanism of revenue sharing, in which a group of harvesters shares catch and/or revenue among members of a fishery cooperative, by incorporating the influence of social capital. In addition to each of revenue sharing and social capital influencing a fishery independently we hypothesize social capital...
Self-management has been recognized as important in successfully governing the common pool resources. This is no exception in fishery. Fishery cooperatives, where fishermen collectively manage the fishery, are garnering much attention from both regulators and academics. In this study, we aim to empirically disentangle the efficiency mechanism of pooling system....
We empirically estimate the effects on management outcomes in common-pool resource
management into three: the direct effect of management systems, the direct effect of social
capital, and the indirect effect of management systems and social capital interacting each other to influence the outcomes. In particular, we focus on revenue sharing...