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Use of an Arbitration System for Price Determination in the Bering Sea and Aleutian Islands Crab Fisheries

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Abstract
  • In the summer of 2005, fishing began under a novel management program in the Bering Sea and Aleutian Islands crab fisheries. To protect processor and community interests, the program requires harvesters to land their catch with processors having historic participation in the fisheries. This requirement effectively prevents processor competition for landings as a price determinant in the fisheries. As a substitute for market competition, the program established a controversial arbitration system for resolving price disputes. This paper examines the performance of the arbitration system under the program to date. The paper also examines whether some of the issues with the arbitration system might be correctable either through modification of the arbitration system or without regulatory intervention.
  • Keywords: Crab fisheries, Price determination, Aleutian Islands, Bering Sea, Processor competition, Arbitration system, Fisheries Economics
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  • Fina, Mark. 2008. Use of an Arbitration System for Price Determination in the Bering Sea and Aleutian Islands Crab Fisheries. In: Proceedings of the Fourteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 22-25, 2008, Nha Trang, Vietnam: Achieving a Sustainable Future: Managing Aquaculture, Fishing, Trade and Development. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2008.
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  • US National Oceanic and Atmospheric Administration (NOAA) Fisheries Division, The Department of Fisheries and Oceans, Canada; Aquaculture CRSP and AquaFish CRSP; Minh Phu Seafood Corporation; Vietnam Datacommunication Company (VDC); Camau Frozen Seafood Processing Import Export Corporation (Camimex); Long Sinh Limited Company; Mai Linh Group and Nam Viet Corporation.
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