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Voluntary Approaches to Transitioning from Competitive Fisheries to Rights-Based Management: Bringing the Field into the Lab

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  • Knapp, Gunnar
  • Murphy, James J.

Abstract

This paper describes a novel experiment designed to examine how rent dissipation may occur in fisheries in which the right to participate in the fishery is limited and fishermen compete amongst themselves for shares of an exogenous total allowable catch. We demonstrate that rent dissipation may occur through multiple mechanisms, and that the heterogeneity of fishermen has important implications for how rent dissipation occurs and the extent to which different individuals may benefit from the implementation of rights-based management. We apply this approach to investigate the concept of voluntary rights-based management under which managers divide the total allowable catch between two separate fisheries, and fishermen may choose between fishing for a guaranteed individual harvest quota or competing for a share of the total catch in a competitive fishery.
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Suggested Citation

  • Knapp, Gunnar & Murphy, James J., 2010. "Voluntary Approaches to Transitioning from Competitive Fisheries to Rights-Based Management: Bringing the Field into the Lab," Agricultural and Resource Economics Review, Cambridge University Press, vol. 39(02), pages 245-261, April.
  • Handle: RePEc:cup:agrerw:v:39:y:2010:i:02:p:245-261_00
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    References listed on IDEAS

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    1. Ostrom, Elinor, 2006. "The value-added of laboratory experiments for the study of institutions and common-pool resources," Journal of Economic Behavior & Organization, Elsevier, vol. 61(2), pages 149-163, October.
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    Cited by:

    1. Messer, Kent D. & Murphy, James J., 2010. "FOREWORD: Special Issue on Experimental Methods in Environmental, Natural Resource, and Agricultural Economics," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 39(2), April.
    2. Al-Ubaydli, Omar & McCabe, Kevin & Twieg, Peter, 2014. "Can More Be Less? An Experimental Test of the Resource Curse," Journal of Experimental Political Science, Cambridge University Press, vol. 1(01), pages 39-58, March.
    3. Dunham, Gabriel & Uchida, Emi & Uchida, Hirotsugu, 2013. "The Effect of Fishery Management on Information Sharing Networks and Social Capital," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150297, Agricultural and Applied Economics Association.
    4. Kathleen Segerson, 2013. "Voluntary Approaches to Environmental Protection and Resource Management," Annual Review of Resource Economics, Annual Reviews, vol. 5(1), pages 161-180, June.

    More about this item

    JEL classification:

    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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