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Evaluation of Externality Management Instruments in Marine Fisheries

Author

Listed:
  • Hughey, Kenneth F.D.
  • Kerr, Geoffrey N.
  • Cullen, Ross
  • Memon, Ali

Abstract

New Zealand marine fishing activities create many types of environmental externalities, which by law must be internalised. Selection of best internalisation instruments can be aided by following a hierarchical decision process, which first screens the universe of instruments against implementation criteria to establish the feasible set. Instruments in the feasible set can be evaluated against a range of environmental, Treaty of Waitangi, economic, sociocultural and management criteria. This approach to selection can be formalised in decision support software to provide a useful tool for fisheries management agencies.

Suggested Citation

  • Hughey, Kenneth F.D. & Kerr, Geoffrey N. & Cullen, Ross & Memon, Ali, 2001. "Evaluation of Externality Management Instruments in Marine Fisheries," 2001 Conference (45th), January 23-25, 2001, Adelaide, Australia 125666, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare01:125666
    DOI: 10.22004/ag.econ.125666
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    References listed on IDEAS

    as
    1. Hanna, Susan S., 1997. "The new frontier of American fisheries governance," Ecological Economics, Elsevier, vol. 20(3), pages 221-233, March.
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