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How Have Catch Shares Been Allocated?

Author

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  • John Lynham

    (UHERO, University of Hawaii at Manoa)

Abstract

A unique database was created that describes the methods used to allocate shares in nearly every major catch share fishery in the world. Approximately 54% of the major catch share fisheries in the world allocated the Total Allowable Catch (TAC) solely on the basis of historical catch records, 3% used auctions, and 6% used equal sharing rules. The remaining 37% used a combination of methods, including vessel-based rules. These results confirm the widely-held belief that nearly all catch share programs have �grandfathered� private access to fishery resources: 91% of the fisheries in the database allocated some fraction of the TAC on the basis of historical catch. This publicly available database should be a useful reference tool for policymakers, academics, and others interested in catch shares management in Hawai�i and across the globe.

Suggested Citation

  • John Lynham, 2013. "How Have Catch Shares Been Allocated?," Working Papers 2013-8, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
  • Handle: RePEc:hae:wpaper:2013-8
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    File URL: https://uhero.hawaii.edu/wp-content/uploads/2019/08/WP_2013-8.pdf
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    References listed on IDEAS

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    Cited by:

    1. Zafer Kanik & Serkan Kucuksenel, 2013. "The Promise of Transferable Fishing Concessions on EU Fisheries," ERC Working Papers 1312, ERC - Economic Research Center, Middle East Technical University, revised Dec 2013.
    2. Kyung Hwan Baik & Youngseok Park, 2022. "Contests for catch shares," Review of Economic Design, Springer;Society for Economic Design, vol. 26(1), pages 23-42, March.
    3. Leibbrandt, Andreas & Lynham, John, 2018. "Does the allocation of property rights matter in the commons?," Journal of Environmental Economics and Management, Elsevier, vol. 89(C), pages 201-217.
    4. Shamshak, Gina Louise & King, Jonathan R., 2015. "From cannery to culinary luxury: The evolution of the global geoduck market," Marine Policy, Elsevier, vol. 55(C), pages 81-89.
    5. Aranda, Martin & Murillas, Arantza, 2015. "Allocation of fishing possibilities, incentives and outcomes: Insights from Basque fishermen's organisations in Spain," Marine Policy, Elsevier, vol. 61(C), pages 171-178.
    6. Gary D. Libecap, 2018. "Douglass C. North: Transaction Costs, Property Rights, and Economic Outcomes," NBER Working Papers 24585, National Bureau of Economic Research, Inc.
    7. Bertolotti, María Isabel & Rotta, Lautaro Daniel & Baltar, Fabiola & Gualdoni, Patricia & Pagani, Andrea N., 2015. "Cuotas Individuales Transferibles de Captura en Argentina: política y desempeño," Nülan. Deposited Documents 3113, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    8. Sanna Laksá & Daniel Marszalec & Alexander Teytelboym, 2018. "Epic Fail: How Below-Bid Pricing Backfires in Multiunit Auctions," CIRJE F-Series CIRJE-F-1096, CIRJE, Faculty of Economics, University of Tokyo.
    9. Martin Bichler & Douglas Ferrell & Vladimir Fux & Jacob K. Goeree, 2019. "Designing Environmental Markets for Trading Catch Shares," Interfaces, INFORMS, vol. 49(5), pages 324-337, September.
    10. Roy, Sunanda & Singh, Rajesh & Weninger, Quinn, 2021. "Entry under placement uncertainty," ISU General Staff Papers 202102240800001096, Iowa State University, Department of Economics.

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    Keywords

    catch shares; ITQ; allocation; grandfathering;
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