The role of government and industry in resolving assignment problems in fisheries with individual transferable quotas. (November 2016)
- Record Type:
- Journal Article
- Title:
- The role of government and industry in resolving assignment problems in fisheries with individual transferable quotas. (November 2016)
- Main Title:
- The role of government and industry in resolving assignment problems in fisheries with individual transferable quotas
- Authors:
- Emery, Timothy J.
Gardner, Caleb
Hartmann, Klaas
Cartwright, Ian - Abstract:
- Abstract: Fisheries managers often face the challenge of addressing multiple, conflicting objectives. Historically, the focus has been on biological objectives but there has been an increasing appreciation of the importance of economic and social objectives. A desire to address economic objectives has partly driven the increasing use of individual transferable quotas (ITQs). However, ITQs are insufficient to achieve the economic objectives as a suite of other decisions and regulations affect outcomes. Assignment problems are common in ITQ fisheries and can reduce economic yield. They occur through misallocation of fishing effort, particularly when there is spatial and temporal heterogeneity in the stock, leading to inefficient timing of supply and overexploitation and congestion in parts of the fishing grounds. Clubs in the form of fishing cooperatives have the capacity to resolve these problems through coordinating the fishing effort of their members. The likelihood of a single fishing cooperative forming and uniting to resolve assignment problems however, may be diminished under ITQ management due to the increasing heterogeneity in business structures, incentives and motivations among fishers generated by market-based mechanisms. This heterogeneity can also have ramifications for fishers trying to reach an agreed industry position that can be presented to government when negotiating on management changes that deal with assignment problems. In this situation, the absence ofAbstract: Fisheries managers often face the challenge of addressing multiple, conflicting objectives. Historically, the focus has been on biological objectives but there has been an increasing appreciation of the importance of economic and social objectives. A desire to address economic objectives has partly driven the increasing use of individual transferable quotas (ITQs). However, ITQs are insufficient to achieve the economic objectives as a suite of other decisions and regulations affect outcomes. Assignment problems are common in ITQ fisheries and can reduce economic yield. They occur through misallocation of fishing effort, particularly when there is spatial and temporal heterogeneity in the stock, leading to inefficient timing of supply and overexploitation and congestion in parts of the fishing grounds. Clubs in the form of fishing cooperatives have the capacity to resolve these problems through coordinating the fishing effort of their members. The likelihood of a single fishing cooperative forming and uniting to resolve assignment problems however, may be diminished under ITQ management due to the increasing heterogeneity in business structures, incentives and motivations among fishers generated by market-based mechanisms. This heterogeneity can also have ramifications for fishers trying to reach an agreed industry position that can be presented to government when negotiating on management changes that deal with assignment problems. In this situation, the absence of an agreed industry position should not act as an impediment to government in prioritising, articulating and taking the lead in implementing measures that reduce assignment problems and concurrently meet their overarching economic objectives. Highlights: Economic objectives are becoming prevalent within overarching fisheries legislation. Assignment problems within ITQ fisheries can impede attainment of economic objectives. Fishers or cooperatives may be able to resolve assignment problems by collective action. ITQs can diminish the capacity for fishers or cooperatives to pursue collective action. Government must be proactive in implementing measures to reduce assignment problems. … (more)
- Is Part Of:
- Marine policy. Volume 73(2016)
- Journal:
- Marine policy
- Issue:
- Volume 73(2016)
- Issue Display:
- Volume 73, Issue 2016 (2016)
- Year:
- 2016
- Volume:
- 73
- Issue:
- 2016
- Issue Sort Value:
- 2016-0073-2016-0000
- Page Start:
- 46
- Page End:
- 52
- Publication Date:
- 2016-11
- Subjects:
- Fisheries management -- Objectives -- Assignment problems -- Self-governance -- Cooperatives -- ITQ
Marine resources -- Economic aspects -- Periodicals
Fisheries -- Periodicals
Ressources marines -- Aspect économique -- Périodiques
Pêches -- Périodiques
Fisheries
Marine resources -- Economic aspects
Periodicals
333.916405 - Journal URLs:
- http://www.sciencedirect.com/science/journal/0308597X ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.marpol.2016.07.028 ↗
- Languages:
- English
- ISSNs:
- 0308-597X
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 5377.250000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 14484.xml