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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

Additional information is available for the following registered author(s):

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

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Length: 12 pages
Date of creation: 23 Mar 2007
Date of revision:
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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Related research
Keywords: Sustainable fisheries; incentive-based approaches;

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  1. 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. [Downloadable!]
  2. 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. [Downloadable!]
Statistics
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