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Transferable Rights of Recreational Fishery: An Application to Red Snapper Fishery in the Gulf of Mexico

Author

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  • Kim, Hwa Nyeon
  • Woodward, Richard T.
  • Griffin, Wade L.

Abstract

Transferable rights (TRs) programs are being increasingly considered in fisheries to overcome current overfishing situation. This paper will focus on developing a conceptual foundation, investigating advantages of the TRs program in fishery management, and answering critical issues to implement recreational TRs programs. Implication is to the Gulf of Mexico red snapper fishery.

Suggested Citation

  • Kim, Hwa Nyeon & Woodward, Richard T. & Griffin, Wade L., 2005. "Transferable Rights of Recreational Fishery: An Application to Red Snapper Fishery in the Gulf of Mexico," 2005 Annual meeting, July 24-27, Providence, RI 19261, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea05:19261
    DOI: 10.22004/ag.econ.19261
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    References listed on IDEAS

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    4. Sutinen, Jon G. & Johnston, Robert J., 2003. "Angling management organizations: integrating the recreational sector into fishery management," Marine Policy, Elsevier, vol. 27(6), pages 471-487, November.
    5. Krishna, Vijay, 2009. "Auction Theory," Elsevier Monographs, Elsevier, edition 2, number 9780123745071.
    6. Holland, Daniel S. & Ginter, Jay J. C., 2001. "Common property institutions in the Alaskan groundfish fisheries," Marine Policy, Elsevier, vol. 25(1), pages 33-42, January.
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