Modeling Disaster: The Failure of Management of the New England Groundfish Industry

Most of the worlds' marine fisheries are overexploited or endangered, including the New England groundfishery, once one of the world’s most prolific. After 35 years of management, stock sizes and catches are lower now than ever. We argue that New England groundfishermen are caught in a prisoner’s dilemma, from which they have failed to escape. We then suggest a set of policies to get these groudnfishermen out of their dilemma.

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Year of publication:	2010-04
Authors:	Acheson, James M. ; Gardner, Roy
Institutions:	Kyiv School of Economics
Subject:	Fishermen's dilemma \| fishery management \| New England fisheries

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Extent:	application/pdf
Series:	Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Revise and resubmit at the National Maritime Fisheries Journal Number 23
Classification:	Q22 - Fishery
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008493794