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Occupational Safety and the Shift from Common to Individual Fishing Quotas in the Gulf of Mexico

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  • Akbar Marvasti
  • Sami Dakhlia

Abstract

We investigate and measure how a shift from a regime of common property to one of private ownership of fishing rights affected the safety of commercial fishing activity. To deal with overfishing and stock depletion of red snapper and grouper‐tilefish in the Gulf of Mexico (GOM), various regulatory controls, most notably common quotas and seasonal closures, were introduced in the early 1990s. The resulting “fishing derbies” led to an increased number of accidents and fatalities. We show that the subsequently implemented individual fishing quota programs led to a sharp reduction in the number of fatalities, in large part because of lower pressure to make risky trip decisions, in particular under adverse weather conditions.

Suggested Citation

  • Akbar Marvasti & Sami Dakhlia, 2017. "Occupational Safety and the Shift from Common to Individual Fishing Quotas in the Gulf of Mexico," Southern Economic Journal, John Wiley & Sons, vol. 83(3), pages 705-720, January.
    • Handle: RePEc:wly:soecon:v:83:y:2017:i:3:p:705-720
    DOI: 10.1002/soej.12154
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    References listed on IDEAS

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    Cited by:

    1. Dietrich Earnhart & Nathan P. Hendricks, 2023. "Adapting to water restrictions: Intensive versus extensive adaptation over time differentiated by water right seniority," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(5), pages 1458-1490, October.
    2. Sami Dakhlia & Akbar Marvasti, 2020. "Regulatory Change, Market Structure, and Fatalities: The Case of the Gulf of Mexico Reef Fish Fishery," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 57(1), pages 1-26, August.

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