Learning How to Fish: Catch Shares and the Future of Fishery Conservation

55 Pages Posted: 28 Jun 2013

See all articles by Jonathan H. Adler

Jonathan H. Adler

Case Western Reserve University School of Law; PERC - Property and Environment Research Center

Nathaniel S. Stewart

Independent

Date Written: June 2013

Abstract

Fisheries the world over are poorly managed and under stress. Yet, proper fishery management can both conserve fisheries and maintain their value as a resource for human consumption. One approach long recommended by economists has been the allocation or recognition of property rights in fisheries. The ability of such methods to enhance economic efficiency is no longer a matter of academic speculation or economic theory. There is ample empirical evidence that such institutional reforms encourage more efficient fishery exploitation. There is also growing empirical evidence that such reforms produce social and ecological benefits as well, increasing safety for fishery participants and encouraging greater resource stewardship. The use of property-based management aligns fisher incentives with the underlying health of the resource, and appears to reduce the adverse environmental effects of commercial fishing.

Keywords: fisheries, catch shares, property rights, fish conservation, rights-based fishery management, individual transferable quota, fishery regulation

JEL Classification: K23, K32

Suggested Citation

Adler, Jonathan H. and Stewart, Nathaniel S., Learning How to Fish: Catch Shares and the Future of Fishery Conservation (June 2013). UCLA Journal of Environmental Law & Policy, Forthcoming; Case Legal Studies Research Paper No. 2013-14. Available at SSRN: https://ssrn.com/abstract=2285725

Jonathan H. Adler (Contact Author)

Case Western Reserve University School of Law ( email )

11075 East Boulevard
Cleveland, OH 44106-7148
United States
216-368-2535 (Phone)
216-368-2086 (Fax)

HOME PAGE: http://www.jhadler.net

PERC - Property and Environment Research Center

2048 Analysis Drive
Suite A
Bozeman, MT 59718
United States

Nathaniel S. Stewart

Independent ( email )

No Address Available

Register to save articles to
your library

Register

Paper statistics

Downloads
135
Abstract Views
905
rank
211,787
PlumX Metrics