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Transferable allowance management systems are receiving increased attention from fishery managers and stakeholders alike. We use a laboratory experiment in which human subjects play the role of fishers to evaluate the promised economic efficiency of tradable allowance systems. In an experiment...
Persistent link: https://www.econbiz.de/10009444216
Abstract This paper explores the economic performance of a fishery that operates under an individual transferable quota (ITQs) management system and that is subject to an in-season stock externality. While Boyce (1992) and others have established theoretically that ITQ management is not fully...
Persistent link: https://www.econbiz.de/10009445114
This paper discusses resistance to wastewater management programs in coastal communities. Innovative stated preference survey responses are used to rank the importance of private onsite benefits, water quality protection, environmental perceptions, and treatment responsibility. Resistance...
Persistent link: https://www.econbiz.de/10005522361