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The wrong fish: maneuvering the boundaries of market-based resource management

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  • Alexander Dobeson

Abstract

How can economic actors stay afloat in a highly volatile market environment? By drawing on ethnographic material from the Icelandic fishing industry, this article demonstrates how fishers maneuver the boundaries of market-based resource management that tend to ignore the ever-changing environment of the sea. The empirical material shows how fishers skillfully manipulate their socio-technical environment in order to adjust the market for so-called Individual Transferable Quotas (ITQs) with the movement of fish stocks. Accordingly, three coping practices are deployed: (i) tinkering with accounts, (ii) socio-technical conversion, and (iii) redefining boundaries. While these practices allow fishers to stay afloat, they are likewise undermined by the ever-changing environment of the sea, consequently fueling a money-induced cycle of socio-technical problem-solving and breakdowns.

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  • Alexander Dobeson, 2018. "The wrong fish: maneuvering the boundaries of market-based resource management," Journal of Cultural Economy, Taylor & Francis Journals, vol. 11(2), pages 110-124, March.
    • Handle: RePEc:taf:jculte:v:11:y:2018:i:2:p:110-124
    DOI: 10.1080/17530350.2018.1426031
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