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Harvesting regulation under quota management systems for ocean fisheries : Decision making in the face of natural variability, weak information, risks and conflicting incentives


  • Pearse, Peter H.
  • Walters, Carl J.


Decisions about harvest levels are the most crucial responsibilities of fisheries managers, but the outcomes are always more or less uncertain. The risk depends largely on the information available. Fisheries biologists, trained to assess the probabilities of outcomes from management decisions, are too often also expected to decide what risks should be taken. Emerging fisheries management regimes based on individual fishermen's quotas, best exem-plified by New Zealand's quota management system, redirect the incentives of those with harvesting rights to cooperate in improved management, including improved information-gathering. Under these regimes, most management decisions can be made by quota-holders themselves, although safeguards are needed to protect the broader public interest in resource management.

Suggested Citation

  • Pearse, Peter H. & Walters, Carl J., 1992. "Harvesting regulation under quota management systems for ocean fisheries : Decision making in the face of natural variability, weak information, risks and conflicting incentives," Marine Policy, Elsevier, vol. 16(3), pages 167-182, May.
  • Handle: RePEc:eee:marpol:v:16:y:1992:i:3:p:167-182

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    Cited by:

    1. Simmons, Glenn & Stringer, Christina, 2014. "New Zealand׳s fisheries management system: Forced labour an ignored or overlooked dimension?," Marine Policy, Elsevier, vol. 50(PA), pages 74-80.
    2. Torkington, Barry, 2016. "New Zealand׳s quota management system – incoherent and conflicted," Marine Policy, Elsevier, vol. 63(C), pages 180-183.
    3. R. Quentin Grafton & Daniel E. Lane, 1998. "Canadian Fisheries Policy: Challenges and Choices," Canadian Public Policy, University of Toronto Press, vol. 24(2), pages 133-147, June.
    4. Quentin Grafton, R. & Kompas, Tom & McLoughlin, Richard & Rayns, Nick, 2007. "Benchmarking for fisheries governance," Marine Policy, Elsevier, vol. 31(4), pages 470-479, July.

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