GRAFTON, R. QUENTIN; SQUIRES, DALE; KIRKLEY, JAMES E. - In: Contemporary Economic Policy 14 (1996) 4, pp. 90-99
This paper addresses the crises in the world's fisheries involving dwindling stocks, overcapitalization, and jurisdiction disputes from a property rights perspective. In particular, it examines the causes of the problems fishers face and explores the potential of privatizing the right to catch...