Incentive-based Approaches to Sustainable Fisheries

Quentin Grafton, Ragnar Arnason, Trond Bjorndal, David Campbell, Harry F Campbell, C W Clark, Diane P Dupont, Rognvaldur Hannesson, R Hilbourn, James E Kirkley, Thomas Kompas, D E Lane, G.R. Munro, Dale Squires, S I Steinshamn, B R Turris, Q Weninger

    Research output: Contribution to journalArticle

    Abstract

    The failures of traditional target-species management have led many to propose an ecosystem approach to fisheries to promote sustainability. The ecosystem approach is necessary, especially to account for fishery-ecosystem interactions, but by itself is not sufficient to address two important factors contributing to unsustainable fisheries: inappropriate incentives bearing on fishers and the ineffective governance that frequently exists in commercial, developed fisheries managed primarily by total-harvest limits and input controls. We contend that much greater emphasis must be placed on fisher motivation when managing fisheries. Using evidence from more than a dozen natural experiments in commercial fisheries, we argue that incentive-based approaches that better specify community and individual harvest or territorial rights and price ecosystem services and that are coupled with public research, monitoring, and effective oversight promote sustainable fisheries.
    Original languageEnglish
    Pages (from-to)699-710
    JournalCanadian Journal of Fisheries and Aquatic Sciences
    Volume63
    DOIs
    Publication statusPublished - 2006

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