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Efficiency Advantages of Grandfathering in Rights-Based Fisheries Management
Anderson, Terry L. - 2010
We show that grandfathering fishing rights to local users or recognizing first possessions is more dynamically efficient than auctions of such rights. It is often argued that auctions allocate rights to the highest-valued users and thereby maximize resource rents. We counter that rents are not...
Persistent link: https://www.econbiz.de/10012462138
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Optimal Harvest with Multiple Fishing Zones, Endogenous Price and Global Uncertainty
Pizarro, Jose; Schwartz, Eduardo S. - National Bureau of Economic Research - 2021
determine the harvest that maximizes the value of a fishery participating in a global market, where all the considered … demand shock and the aggregate harvesting of all zones. Accordingly, a fishery's harvest will be affected by the global … global framework with an alternative where the individual zones are aggregated into a single optimizing fishery we find that …
Persistent link: https://www.econbiz.de/10012510611
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Big Fish in Thin Markets : Competing with the Middlemen to Increase Market Access in the Amazon
Bartkus, Viva Ona; Brooks, Wyatt; Kaboski, Joseph Paul; … - National Bureau of Economic Research - 2021
Middlemen are ubiquitous in supply chains. In developing countries they help bring products from remote communities to end markets but may exert strong market power. We study a cooperative intervention which organizes together poor fishing communities in the Amazon -- one of the poorest and most...
Persistent link: https://www.econbiz.de/10012629441
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Non-Parametric Tests of the Tragedy of the Commons
Banzhaf, H. Spencer - 2019
that rejection rates of the model increase after property rights reforms moved the fishery away from the tragedy of the …
Persistent link: https://www.econbiz.de/10012480342
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Coasean Approaches to Ending Overfishing : Bigeye Tuna Conservation in the Western and Central Pacific Ocean
Ovando, Daniel - 2020
due to incidental catch in the much larger skipjack tuna fishery. Efforts to halt the overfishing of bigeye stalled due to …
Persistent link: https://www.econbiz.de/10012481104
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Overcoming the common pool problem through voluntary cooperation : the rise and fall of a fishery cooperative
Deacon, Robert T. - 2010
the self-selection of heterogeneous fishermen into sectors. The fishery management regime assigns one portion of an … independently. Data from an Alaska commercial salmon fishery confirm our model's key predictions, that the co-op would facilitate … the co-op's demise, an outcome also predicted by our model. Our analysis provides guidance for designing fishery reform …
Persistent link: https://www.econbiz.de/10012462317
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Property Rights, Regulatory Capture, and Exploitation of Natural Resources
Costello, Christopher - 2015
We study how the strength of property rights to individual extractive firms affects a regulator's choice over exploitation rates for a natural resource. The regulator is modeled as an intermediary between current and future resource harvesters, rather than between producers and consumers, as in...
Persistent link: https://www.econbiz.de/10012457807
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Using Field Experiments in Environmental and Resource Economics
List, John A. - 2013
This study showcases the usefulness of field experiments to the study of environmental and resource economics. Our focus pertains to work related to field experiments in the area of 'behavioral' environmental and resource economics. Within this rubric, we discuss research in two areas: those...
Persistent link: https://www.econbiz.de/10012459372
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The Value of Secure Property Rights : Evidence from Global Fisheries
Grainger, Corbett A. - 2011
Property rights are commonly touted as a solution to common pool resource problems. But in practice the security of these property rights varies substantially owing to differences in design. In fisheries, the design of individual transferable quotas (ITQs) varies widely; the consequences of...
Persistent link: https://www.econbiz.de/10012461639
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Credit Markets, Property Rights, and the Commons
Noack, Frederik; Costello, Christopher J. - National Bureau of Economic Research - 2022
Credit markets and property rights are fundamental for modern economies, but they also have implications for the commons. Using a dynamic model of competitive resource extraction, we show that improving property right security unambiguously increases conservation incentives, but the effect of...
Persistent link: https://www.econbiz.de/10013172188