The benefits from increased levels of social capital have been shown to manifest themselves in ways that can increase the efficiency of the use and regulation of natural resources, as well as increase the resiliency of resource dependent communities against fluctuations in abundance. While the...

This paper presents an empirical analysis of the Japanese coastal fishery co-management system. In particular, the paper focuses on the effectiveness of Fishery Management Organizations (FMOs), which are established by groups of fishermen and set rules and regulations that they self-enforce. The...

Individual transferable quotas system is widely regarded as the best fishery management regime. The literature, however, has ignored the consequence of this managerial system under the existence of market imperfection. This article analyzes the behavior of fishing households based on the...

Although comanagement is gaining increasing attention as a way to manage fisheries, few studies have attempted to understand quantitatively which factors of comanagement are critical for their success. This study investigates fishery comanagement regimes adopted by coastal fisheries in Japan....

This paper evaluates the conditions under which a fish-harvester cooperative (co-op) with monopoly power represents a preferable outcome when compared to a rent dissipated fishery. Currently, United States anti-trust law prevents harvesters from coordinating to restrict output. In a fishery,...