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Incentive-based approaches to sustainable fisheries

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Author Info

  • R. Quentin Grafton

    ()
    (Australian National University, Asia Pacific School of Economics and Government)

  • Ragnar Arnason

    ()
    (University of Iceland, Department of Economics)

  • Trond Bjorndal
  • David Campbell
  • Harry F. Campbell
  • Colin W. Clark
  • Robin Connor
  • Diane P. Dupont
  • Rognvaldur Hannesson
  • Ray Hilborn
  • James E. Kirkley
  • Tom Kompas
  • Daniel E. Lane
  • Gordon R. Munro
  • Sean Pascoe
  • Dale Squires
  • Stein Ivar Steinshamn
  • Bruce R. Turris
  • Quinn Weninger

Abstract

The 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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File URL: http://een.anu.edu.au/download_files/een0508.pdf
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Bibliographic Info

Paper provided by Australian National University, Economics and Environment Network in its series Economics and Environment Network Working Papers with number 0508.

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Length: 43 pages
Date of creation: Sep 2005
Date of revision:
Handle: RePEc:anu:eenwps:0508

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Web page: http://een.anu.edu.au/

Related research

Keywords: incentives; sustainability; rights; fisheries management;

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Cited by:
  1. Eggert, Håkan & Greaker, Mads, 2009. "Effects of Global Fisheries on Developing Countries: Possibilities for Income and Threat of Depletion," Discussion Papers dp-10-09-02-efd, Resources For the Future.
  2. Quentin Grafton, R. & Kompas, Tom & McLoughlin, Richard & Rayns, Nick, 2007. "Benchmarking for fisheries governance," Marine Policy, Elsevier, vol. 31(4), pages 470-479, July.
  3. Jean-Christophe PEREAU (GREThA, UMR CNRS 5113) & Luc DOYEN (CNRS-MNHN, CNRS, UMR 7204) & Rich LITTLE (CSIRO Marine and Atmospheric Research) & Olivier THEBAUD (CSIRO Marine and Atmospheric Research), 2011. "The triple bottom line: Meeting ecological, economic and social goals with Individual Transferable Quotas," Cahiers du GREThA 2011-01, Groupe de Recherche en Economie Théorique et Appliquée.
  4. Itziar Lazkano, 2008. "Cost Structure and Capacity Utilisation in Multi-product Industries: An Application to the Basque Trawl Industry," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 41(2), pages 189-207, October.
  5. Zafer Kanik & Serkan Kucuksenel, 2013. "The Promise of Transferable Fishing Concessions on EU Fisheries," ERC Working Papers 1312, ERC - Economic Research Center, Middle East Technical University, revised Dec 2013.
  6. Kanchanaroek, Yingluk & Termansen, Mette & Quinn, Claire, 2013. "Property rights regimes in complex fishery management systems: A choice experiment application," Ecological Economics, Elsevier, vol. 93(C), pages 363-373.
  7. Stoeven, Max T. & Quaas, Martin F., 2012. "Privatizing renewable resources: Who gains, who loses?," Economics Working Papers 2012-02, Christian-Albrechts-University of Kiel, Department of Economics.
  8. Paul D'Arcy, 2013. "The Nourishing Sea: Partnered Guardianship of Fishery and Seabed Mineral Resources for the Economic Viability of Small Pacific Island Nations," Sustainability, MDPI, Open Access Journal, vol. 5(8), pages 3346-3367, August.
  9. R. Quentin Grafton & Rognvaldur Hannesson & Bruce Shallard & Daryl Sykes & Joe Terry, 2006. "The Economics of Allocation in Tuna Regional Fisheries Management Organizations (RFMOS)," Economics and Environment Network Working Papers 0612, Australian National University, Economics and Environment Network.

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