Encumbering Harvest Rights to Protect Marine Environments: A Model of Marine Conservation Easements

Robert T Deacon and Dominic Parker

University of California at Santa Barbara, Economics Working Paper Series from Department of Economics, UC Santa Barbara

Abstract: We adapt the concept of a conservation easement to a marine environment and explore its use to achieve conservation goals. Although marine environments generally are not owned, those who use them for commercial fishing often are regulated. These regulations grant harvesters rights to use marine environments in specified ways, and the possibility of encumbering these rights to achieve conservation goals creates a potential role for marine easements. We examine this potential under alternative fishery management regimes and find, generally, that marine easements tend to be most effective when harvest rights are delineated most fully. Our analysis suggests ways the marine easements can have flexibility and transactions cost advantages over other approaches to achieving marine conservation goals. We also propose ways in which the design of laws allowing marine easements should follow, or depart from the design of laws authorizing conservation easements on land.

Keywords: by catch; marine habitat protection; conservation easement (search for similar items in EconPapers)
Date: 2008-04-01
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.escholarship.org/uc/item/16d083c3.pdf;origin=repeccitec (application/pdf)

Related works:
Journal Article: Encumbering harvest rights to protect marine environments: a model of marine conservation easements (2009)
Journal Article: Encumbering harvest rights to protect marine environments: a model of marine conservation easements * (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cdl:ucsbec:qt16d083c3

Access Statistics for this paper

More papers in University of California at Santa Barbara, Economics Working Paper Series from Department of Economics, UC Santa Barbara Contact information at EDIRC.
Bibliographic data for series maintained by Lisa Schiff (help@escholarship.org).