Incentive-based approaches to sustainable fisheries
AbstractThe failures of traditional target-species management have led many to propose an ecosystem approach to fisheries to promote sustainability. The ecosystem approach is necessary, especially to account for fishery-ecosystem interactions, but by itself is not sufficient to address two important factors contributing to unsustainable fisheries — inappropriate incentives bearing on fishers, and the ineffective governance that frequently exists in commercial, developed fisheries managed primarily by total harvest limits and input-controls. We contend that much greater emphasis must be placed on fisher motivation when managing fisheries. Using evidence from more than a dozen ‘natural experiments’ in commercial fisheries, we argue that incentive-based approaches that better specify community, individual harvest, or territorial rights and also price ecosystem services — coupled with public research, monitoring and effective oversight — promote sustainable fisheries.
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Bibliographic InfoPaper provided by Australian National University, Economics and Environment Network in its series Economics and Environment Network Working Papers with number 0508.
Length: 43 pages
Date of creation: Sep 2005
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Web page: http://een.anu.edu.au/
incentives; sustainability; rights; fisheries management;
Other versions of this item:
- Grafton, Quentin R. & Arnason, Ragnar & Bjorndal, Trond & Campbell, David & Campbell, Harry F. & Clark, Colin W. & Connor, Robin & Dupont, Diane P. & Hannesson, Rognvaldur & Hillborn, Ray & Kirkley, J, 2006. "Incentive-Based Approaches to Sustainable Fisheries," Staff General Research Papers 12766, Iowa State University, Department of Economics.
- Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
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