New Zealand’s fisheries legislation generally sets out a centralised and prescriptive management framework, predominantly based on annual decisions on both management measures and service delivery. A recent amendment provides for the Minister of Fisheries to approve fisheries plans, but does not specify what needs to be included in a plan...
New Zealand marine fishing activities create many types of environmental externalities. Legislation requires that the externalities be internalised and fisheries management agencies must choose from a wide range of instruments which are best suited to the task. Selection of best instruments can be aided by following a hierarchical decision process,...