Grafton, Quentin R. Arnason, Ragnar Bjorndal, Trond Campbell, David Campbell, Harry F. Clark, Colin W. Connor, Robin Dupont, Diane P. Hannesson, Rognvaldur Hilborn, Ray Kirkley, James E. Kompas, Tom Lane, Daniel E. Munro, Gordon R. Pascoe, Sean Squires, Dale Steinshamn, Stein I. Turris, Bruce R. Weninger, Quinn
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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 frequentlyexists 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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Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number
12467.
Length: Date of creation: 04 Nov 2005 Date of revision: Publication status: Forthcoming in Canadian Journal of Fisheries and Aquatic Sciences. Handle: RePEc:isu:genres:12467
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Find related papers by JEL classification: Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation