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Please use this identifier to cite or link to this item: http://purl.umn.edu/28228

Title: TRANSACTION COSTS AND FISHERIES CO-MANAGEMENT
Authors: Abdullah, Nik Mustapha Raja
Kuperan, K.
Pomeroy, Robert S.
Issue Date: 1998
Abstract: Fisheries co-management as an alternative to centralized command and control fisheries management is often suggested as a solution to the problems of fisheries resource use conflicts and overexploitation. This paper highlights some elements of the transaction costs under a fisheries co-management system. The transaction costs can be categorized into three major cost items: (i) information costs, (ii) collective fisheries decision-making costs, and (iii) collective operational costs. An approach to measuring transaction costs of fisheries co-management systems both in static and dynamic processes is also proposed. There is a need to empirically evaluate the nature of the transaction costs involved in fisheries co-management institutions as a basis for evaluating the efficiency or net benefits of co-managed fisheries compared to centrally managed fisheries.
URI: http://purl.umn.edu/28228
Institution/Association: Marine Resource Economics>Volume 13, Number 2, 1998
Total Pages: 12
Language: English
From Page: 103
To Page: 114
Collections:Volume 13, Number 2, 1998

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