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Property Rights And The Management Of Multiple Use Fisheries


  • Keith Criddle


Arguments in favor of adopting rights-based management strategies have been developed primarily in the context of commercial fisheries and have focused on increasing the profitability of catcher vessel operations and reducing the incentive to deplete fish stocks. Relatively little attention has been given to the effects that alternative management regimes could have on the profitability of processing and support service businesses, consumer surplus, or to the interface between commercial fishing, sport fishing, and other use and nonuse demands for fishery resources. Although there is often congruence among users with respect to stock management and rule enforcement objectives, other objectives are mutually incompatible. This paper begins with a simple conceptual analysis of the effects of alternative regimes for management of a charterbased recreational fishery on the magnitude of net benefits in the sport fishery and in an associated commercial fishery. A theoretical framework for identifying the optimal commercial-sport allocation and the optimal sustainable yield is developed in the subsequent section. The final section reports the results of an empirically based comparative static simulation of commercial and charter-based sport fishing for halibut off Alaska.

Suggested Citation

  • Keith Criddle, 2002. "Property Rights And The Management Of Multiple Use Fisheries," Working Papers 2002-04, Utah State University, Department of Economics.
  • Handle: RePEc:usu:wpaper:2002-04

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    References listed on IDEAS

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    7. Capozza, Dennis R. & Helsley, Robert W., 1989. "The fundamentals of land prices and urban growth," Journal of Urban Economics, Elsevier, vol. 26(3), pages 295-306, November.
    8. Arnott, Richard J & Lewis, Frank D, 1979. "The Transition of Land to Urban Use," Journal of Political Economy, University of Chicago Press, vol. 87(1), pages 161-169, February.
    9. Tavernier, Edmund M. & Li, Farong, 1995. "Effectiveness of Use-value Assessment in Preserving Farmland: A Search-theoretic Approach," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 27(02), pages 626-635, December.
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    1. Socio-economics of Fisheries and Aquaculture


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