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Transition to Rights-Based Management in Fisheries: Evidence from Alaska

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Abstract
  • Catch share programs are emerging as a rights-based management tool capable of improving biological and economic performance in marine fisheries relative to traditional command and control regulation approaches. This paper examines the determinants of the transition from command and control regulation to rights-based management in marine fisheries. I develop a conceptual framework describing a regulator's decision to adopt a rights-based management regime. I empirically test the hypotheses advanced in the conceptual framework with a duration analysis of rights-based management program adoption in a group of federally managed Alaska fisheries. Consistent with the conceptual framework, I find that rent dissipation along input cost and product value dimensions increases the likelihood of program adoption, and high transaction costs decrease the likelihood of program adoption. Finally, I find mixed evidence that resource depletion increases the likelihood of program adoption.
  • Keywords: Fisheries Economics, Modeling and Economic Theory, Modelling and Management
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  • Toseland, Rebecca. 2014. Transition to Rights-Based Management in Fisheries: Evidence from Alaska. In: Towards ecosystem based management of fisheries: what role can economics play?: Proceedings of the Seventeenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 7-11, 2014, Brisbane, Australia. Complied by Ann L. Shriver & Melissa Errend. Corvallis, OR: International Institute of Fisheries.
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  • Fisheries Research & Development Corporation, World Wildlife Fund, MG Kailis Group, AquaFish Innovation Lab, NOAA Fisheries, The European Association of Fisheries Economists, Japan International Fisheries Research Society, United Nations University, NORAD
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