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Please use this identifier to cite or link to this item: http://purl.umn.edu/28182

Title: FENCING THE FISHERIES COMMONS: REGULATORY BARBED WIRE IN THE ALASKAN GROUNDFISH FISHERIES
Authors: Holland, Daniel S.
Issue Date: 2000
Abstract: Many economists have long advocated individual transferable quotas (ITQs) as a means to internalize the stock externalities in fisheries that lead to the dissipation of resource rents. Under certain circumstances, group catch rights can provide similar rights and benefits. This paper describes the transformation of groundfish resources off Alaska from essentially open access to common property and private property resources through allocation of catch rights to both groups and individuals. Some implications of alternative rights-based systems for efficiency, equity, and other social goals are discussed.
URI: http://purl.umn.edu/28182
Institution/Association: Marine Resource Economics>Volume 15, Number 2, 2000
Total Pages: 9
Language: English
From Page: 141
To Page: 149
Collections:Volume 15, Number 2, 2000

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