Fisheries managers in the United States are required to identify and mitigate the adverse impacts of fishing activity on essential fish habitat (EFH). There are additional concerns that the viability of noncommercial species, animals that are habitat dependent and/or are themselves constituents...

The New Zealand ITQ system is a dynamic institution that has had many refinements since its inception more than 15 years ago. Nonetheless, the basic tenets of the system - setting a total allowable catch and leaving the market to determine the most profitable allocation of fishing effort - have...

The implementation of rights-based management programs is increasing worldwide yet there are few ex post evaluations, especially in developing country contexts. In this paper we examine changes following the implementation of a catch share system in the Peruvian anchovy fishery, which is the...

Understanding the effect of introducing property rights to natural resources is central in economics, but empirical analysis is frustrated by the complexity of socioecological systems. We construct a detailed bio-economic model of the Norwegian coastal cod fishery, which was closed after 1989,...

In most multi-species fisheries managed through output controls, total allowable catches (TACs) are set primarily on the basis of biological considerations, usually on a species by species basis. An implicit assumption of management is that fishers are able to adjust their product mix in line...

Fisheries managers in the United States are required to identify and mitigate the adverse impacts of fishing activity on essential fish habitat (EFH). There are additional concerns that the viability of noncommercial species, animals that are habitat dependent and/or are themselves constituents...

After being in force ten and seven years respectively, the tradable fishing quota programs for red snapper and grouper-tilefish in the Gulf of Mexico have so far failed to bring about the expected reduction of the active fleet size and shedding of overcapacity. With the help of a microeconomic...

Fisheries in Sénégal are comprised of two sub-sectors: the artisanal sub-sector and the industrial sub-sector. While access to the Senegalese industrial sub-sector is controlled through licensing, making it a regulated form of limited access, the artisanal sub-sector essentially operates in a...

We analyze a policy experiment in an Alaskan commercial fishery that assigned a portion of an overall catch quota to a voluntary cooperative, with the remainder exploited competitively by those choosing to fish independently. Unlike the individual quota system advocated by many economists, the...