In recent years, the approach to wild-caught fisheries management has expanded beyond traditional single-fishery management. This article examines potential market failures within the fisheries sector that may arise because of a failure to account …
Successful fisheries management relies on compliance. Compliance in turn relies on the perceived legitimacy of the existing rules and regulations, the effectiveness of monitoring and enforcement, and on the positive feedback loop between legitimacy …
Global food demand is rising, and serious questions remain about whether supply can increase sustainably. Land-based expansion is possible but may exacerbate climate change and biodiversity loss, and compromise the delivery of other ecosystem …
We investigate the relationship between quota enforcement, compliance, and capital accumulation in ITQ regulated fisheries. Overextraction and overcapacity represent two of the main fisheries management challenges, and we aim to model and analyze the …
The existing fisheries economics literature analyzes compliance problems by treating the fishing firm as one cohesive unit, but in many cases violations are committed by agents acting on behalf of a firm. To account for this, we analyze the …