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Incentive-Based Approaches to Sustainable Fisheries

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Author Info

  • 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, James E.
  • Kompas, Tom
  • Lane, Daniel E.
  • Munro, Gordon R.
  • Pascoe, Sean
  • Squires, Dale
  • Steinshamn, Stein Ivar
  • Turris, Bruce R.
  • Weninger, Quinn

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 fisheryï¾–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 and individual harvest or territorial rights and price ecosystem services and that are coupled with public research, monitoring, and effective oversight promote sustainable fisheries.

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Bibliographic Info

Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 12766.

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Date of creation: 01 Mar 2006
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Publication status: Published in Canadian Journal of Fisheries and Aquatic Sciences, March 2006, vol. 63 no. 3, pp. 699-710
Handle: RePEc:isu:genres:12766

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Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
Phone: +1 515.294.6741
Fax: +1 515.294.0221
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Web page: http://www.econ.iastate.edu
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Cited by:
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Kanik, Zafer & Kucuksenel, Serkan, 2014. "The Promise of Transferable Fishing Concessions on EU Fisheries," 88th Annual Conference, April 9-11, 2014, AgroParisTech, Paris, France 170526, Agricultural Economics Society.
  6. R. Quentin Grafton & Tom Kompas & Richard McLoughlin & Nick Rayns, 2006. "Benchmarking for Fisheries Governance," Economics and Environment Network Working Papers 0608, Australian National University, Economics and Environment Network.
  7. 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.
  8. 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.
  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.
  10. 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.

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