Western Australia operates a diverse enforcement and education program aimed at achieving high compliance in a wide range of commercial and recreational fisheries managed using a mix of input and output controls. Since enforcement resources are invariably insufficient to totally eliminate non-compliance with fishery rules, it is important to ensure...
When several new species are introduced into the New Zealand Quota Management System in the near future, some of the quota, or single-year annual catch entitlement (ACE), will be tendered through competitive auctions rather than allocated based on historical catch. This study uses a laboratory experiment calibrated to a representative...
The objective of this paper is to illustrate that economic institutions matter, i.e., that different rules of trade present different incentives for bidding, asking and trading in new markets, and that these different incentives lead to different price discovery patterns which yield materially different outcomes. In a laboratory tradable fishing...
The National Marine Fisheries Service (NMFS) is mandated by law to analyze the benefits, costs, and economic impacts of the recreational fisheries policies it promulgates. NMFS has developed single species models that predict welfare and effort changes stemming from changes in various recreational regulations. Little is known, however, about angler...
There is growing realization of the potential for games and experiments as powerful tools not only for research, but also for education and outreach. Experiments are particularly powerful and useful for fisheries economists because (a) they can vividly illustrate some fundamental concepts and (b) are effective at testing the relative...
Quota, a computer-based simulation game, originated as an experimental game for testing alternative multi-resource management regimes or systems. Highly flexible, it allows specification for a standard common-property, open-access fishery with user-specified bio-economic fishery growth model and multiple sized producers with individual harvest and cost functions. In addition to demonstrating overfishing...
We have developed simple and fun “fishing games” which can be played easily and quickly with cheap supplies—and which demonstrate important economic characteristics of fisheries. Players “fish” by scooping beads from a common bowl into individual cups placed near the bowl. The beads are the fish stock; the scoops are...