R. Quentin Grafton () (Australian National University, Asia Pacific School of Economics and Government) Ragnar Arnason () (University of Iceland, Department of Economics) Trond Bjorndal David Campbell Harry F. Campbell Colin W. Clark Robin Connor Diane P. Dupont Rognvaldur Hannesson Ray Hilborn James E. Kirkley Tom Kompas Daniel E. Lane Gordon R. Munro Sean Pascoe Dale Squires Stein Ivar Steinshamn Bruce R. Turris Quinn Weninger
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The failures of traditional target-species management have led many to propose an ecosystem approach to fisheries to promote sustainability. The ecosystem approach is necessary, especially to account for fishery-ecosystem interactions, but by itself is not sufficient to address two important factors contributing to unsustainable fisheries — inappropriate incentives bearing on fishers, and the ineffective governance that frequently exists in commercial, developed fisheries managed primarily by total harvest limits and input-controls. We contend that much greater emphasis must be placed on fisher motivation when managing fisheries. Using evidence from more than a dozen ‘natural experiments’ in commercial fisheries, we argue that incentive-based approaches that better specify community, individual harvest, or territorial rights and also price ecosystem services — coupled with public research, monitoring and effective oversight — promote sustainable fisheries.
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Grafton, Quentin R. & Arnason, Ragnar & Bjorndal, Trond & Campbell, David & Campbell, Harry F. & Clark, Colin W. & Connor, Robin & Dupont, Diane P. & Hannesson, Rognvaldur & Hillborn, Ray & Kirkley, J, 2007.
"Incentive-based approaches to sustainable fisheries,"
Staff General Research Papers
12766, Iowa State University, Department of Economics.
Find related papers by JEL classification: Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
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