This monograph provides information to companies in the forest products industry about the process of implementing a Just-In-Time (JIT) management system, including JIT purchasing and JIT manufacturing. In addition, this monograph illustrates the impact of JIT on organizational accounting and productivity. Many authors have suggested that today's globally competitive marketplace...
The principal goal of this study was to determine the potential benefits of using Geographic
Information Systems (GIS) to manage marine resources and ocean space, emphasizing state
ocean interests. We also wanted to know how these benefits might foster more integration in
ocean management, as well as more equity, efficiency,...
A serious impediment blocks advancement of individual transferable quota (ITQ) policy in the United States, particularly in North Pacific fisheries being considered for ITQ management. The traditional ITQ design, that allocates rights to only the harvesting sector, unintentionally expropriates wealth/property interests from the co-dependent-processing sector. This regulatory expropriation is a...
As a Member State of the European Community (EC), the United Kingdom's marine capture fisheries must be managed within the framework of the Community's common fisheries policy (see Box 1). Since 1983 this has included a system of annual total allowable catches (TACs) for most commercially important stocks within the...
An ITQ scheme has been shown to create a quota induced incentive for discarding of fish in excess of what is socially optimal. This finding is corroborated by empirical evidence in several ITQ managed fisheries. The incentive for discarding, over and above those expected in an unmanaged or input controlled...
Setting aside the traditional simplistic “tragedy of the commons” notion, fisheries crises observed in the Northern Atlantic may be seen as the result of “mismatches” in the decision making process. The collapse of two fisheries, Atlantic Cod (Gadus morhua) in Canada and European Hake (Merluccius merluccius) in Europe, illustrate the...
Fisheries worldwide continue to suffer from the negative consequences of open access. In 1986, New Zealand responded by establishing an individual transferable quota (ITQ) system that by 1998 included 33 species and more than 150 markets for fishing quotas. We assess these markets in terms of trends in market activity,...
New Zealand has recently implemented major changes to its Fisheries management regimes including strengthening the quota based property right, devolving the delivery of quota registry services to the industry and developing new computer systems to support industry and government requirements. The success of these changes is due to a number...
Marine ecosystems are generally more extensive and complex than terrestrial ecosystems. Our understanding of the ecological relationships and biological processes within marine ecosystems is rudimentary but improving. In addition, our appreciation of the range of goods and services available from the marine environment and demand for competing economic uses of...