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Individual transferable quotas and ecosystem‐based fisheries management: it’s all in the T
Author(s) -
Gibbs Mark T.
Publication year - 2009
Publication title -
fish and fisheries
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.747
H-Index - 109
eISSN - 1467-2979
pISSN - 1467-2960
DOI - 10.1111/j.1467-2979.2009.00343.x
Subject(s) - incentive , perspective (graphical) , fisheries management , business , fisheries law , ecosystem , environmental resource management , fishery , political science , economics , ecology , computer science , law , fishing , biology , microeconomics , artificial intelligence
Recent articles in high‐profile journals advocating the widespread establishment of economic rights‐based approaches for managing fisheries has re‐kindled the debate over the efficacy of incentive‐based vs. regulatory‐based management approaches. Inspection of these works, written from the particular perspectives of economics, fisheries biology, or marine ecology, reveals that advocates of rights‐based regimes such as Individual Transferrable Quotas are sometimes recommending these policy instruments for quite different reasons. Hence, the advantageous attributes of rights‐based approaches from the perspective of one discipline may be quite different when seen from the perspective of another discipline. This is of concern as it exposes a tendency for particular disciplines to consider only the advantages of rights‐based approaches, such as establishing a harvest cap, but to implicitly discount the disadvantages such as less attention being paid to critical ecological and ecosystem issues.