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Incentive-based approaches to sustainable fisheries

Author

Listed:
  • R. Quentin Grafton

    () (Australian National University, Asia Pacific School of Economics and Government)

  • Ragnar Arnason

    () (University of Iceland, Department of Economics)

  • Trond Bjorndal
  • David Campbell
  • Harry F. Campbell
  • Colin W. Clark
  • Robin Connor
  • Diane P. Dupont
  • Rognvaldur Hannesson
  • Ray Hilborn
  • James E. Kirkley
  • Tom Kompas
  • Daniel E. Lane
  • Gordon R. Munro
  • Sean Pascoe
  • Dale Squires
  • Stein Ivar Steinshamn
  • Bruce R. Turris
  • Quinn Weninger

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, individual harvest, or territorial rights and also price ecosystem services — coupled with public research, monitoring and effective oversight — promote sustainable fisheries.

Suggested Citation

  • R. Quentin Grafton & Ragnar Arnason & Trond Bjorndal & David Campbell & Harry F. Campbell & Colin W. Clark & Robin Connor & Diane P. Dupont & Rognvaldur Hannesson & Ray Hilborn & James E. Kirkley & To, 2005. "Incentive-based approaches to sustainable fisheries," Economics and Environment Network Working Papers 0508, Australian National University, Economics and Environment Network.
  • Handle: RePEc:anu:eenwps:0508
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    References listed on IDEAS

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    More about this item

    Keywords

    incentives; sustainability; rights; fisheries management;

    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General

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