Managing Marine Capture Fisheries with Incentive Based Price Instruments
Author: JAMES N. SANCHIRICO
Published in PFM, Vol. 3 No. 1
Marine capture fisheries provide important, high-quality
sources of protein, income and trade throughout the world. The future
availability of these resources, however, is not assured, as economic
and biological overfishing plagues many of the world’s fisheries. In
this paper, we review the use of incentive-based price instruments,
such as landings and vessel taxes, to address the current crisis. We
also investigate the use of price instruments as indirect means to
ensure sustainability of marine mammal populations, and to optimally
manage spatially distinct but connected populations.
Subscribers: Login to read this article
Guests: Subscribe to PFM, or purchase individual article access for $10.
The article is not available for automatic download. We will email the article to you as a PDF file upon receiving your payment, typically within 24 hours.