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Incentive-based approaches to sustainable fisheries

R. Quentin Grafton (), Ragnar Arnason (), Trond Bjorndal, David Campbell, Harry Campbell (), Colin W. Clark, Robin Connor, Diane 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 and Quinn Weninger ()
Additional contact information
Ragnar Arnason: University of Iceland, Department of Economics, http://www.hi.is/~ragnara/documents/Personal/CV.doc

Economics and Environment Network Working Papers from Australian National University, Economics and Environment Network

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.

Keywords: incentives; sustainability; rights; fisheries management (search for similar items in EconPapers)
JEL-codes: Q00 (search for similar items in EconPapers)
Date: 2005-09
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http://een.anu.edu.au/download_files/een0508.pdf (application/pdf)

Related works:
Working Paper: Incentive-Based Approaches to Sustainable Fisheries (2006)
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