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annotated bibliography of fisheries economics literature - Office of ...

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quotas as a <strong>fisheries</strong> management instrument citing the results <strong>of</strong> actual<br />

applications. Individual quotas are not useful in the <strong>fisheries</strong><br />

"rationalization" process unless they are transferable. However individual<br />

transferable quotas have unsightly equity and income reallocation effects.<br />

The question that remains unanswered in the paper is whether ITQ's are<br />

preferable to the common property or open access fishery scenario.<br />

Copes, Parzival (1997). "Social Impacts <strong>of</strong> Fisheries Management Regimes<br />

Based on Individual Quotas." In Gisli Palsson and Guthrun<br />

Petursdottir (eds.), Social Implications <strong>of</strong> Quota Systems in<br />

Fisheries, 61-90. Proceedings <strong>of</strong> the Workshop on Social<br />

Implications <strong>of</strong> Quota Systems in <strong>fisheries</strong>, Vestman Islands,<br />

Iceland, May 1996, Copenhagen: Nordic Council <strong>of</strong> Ministers.<br />

The objective <strong>of</strong> this paper is to present an analytical description and<br />

classification <strong>of</strong> observable impacts that individual quota (IQ) regimes may<br />

have on social conditions affecting fishers and fishing communities. The<br />

pursuit <strong>of</strong> greater net benefits to society that is the purported purpose <strong>of</strong> IQ<br />

regimes, suggest compatibility with a general goal <strong>of</strong> greater social welfare.<br />

However, there are a number <strong>of</strong> reasons why IQ regimes may fail in this regard<br />

and instead may be the cause <strong>of</strong> adverse impacts on social welfare. Three<br />

reasons are conceptual exclusion, conventional disregard, and injection <strong>of</strong><br />

negative externalities. In choosing a <strong>fisheries</strong> management system, the<br />

challenge now is to reach consensus on a multiobjective decision-making<br />

process which will give agreed weights in trading <strong>of</strong>f measures <strong>of</strong> economic<br />

efficiency and social desirability that need to be taken into account.<br />

Corbett, Michael G. (1970). "Machine for Separating Northern Shrimp,<br />

Pandalus borealis, from Fish and Trash in the Catch." Fishery<br />

Industrial Research, 6(2):53-62.<br />

Because <strong>of</strong> the labor required in separating northern shrimp from the<br />

unwanted components <strong>of</strong> the catch that are taken along with it, this valuable<br />

resource in the Gulf <strong>of</strong> Maine is not harvested to the extend possible.<br />

Consequently, a machine was developed to separate the shrimp from the bulk <strong>of</strong><br />

groundfish and other species taken in trawl catches during exploratory and<br />

commercial fishing. Its use eliminates the laborious task <strong>of</strong> sorting the<br />

catch by hand. Yet the separator recovers about 95 percent <strong>of</strong> the shrimp that<br />

are fed into it, while eliminating about 90 percent <strong>of</strong> the trash.<br />

Corkett, C.J. (1997). Managing the Fisheries By Social Engineering: A Re-<br />

Evaluation <strong>of</strong> the Methods <strong>of</strong> Stock Assessment. J. Appl. Ichthyol,<br />

13:159-170.<br />

This paper criticizes the management <strong>of</strong> the world s <strong>fisheries</strong> that are<br />

based upon the use <strong>of</strong> positive predictions derived from <strong>fisheries</strong> models, an<br />

instrumentalist approach that is illustrated by the practical application <strong>of</strong><br />

Graham-Schaefer models constructed according to the verificationist s view <strong>of</strong><br />

science. It is proposed that Karl Popper s technological social science,<br />

designed to solve problems <strong>of</strong> social tradition <strong>of</strong> which overfishing is an<br />

example would fill this lacuna. This technology would employ the services <strong>of</strong><br />

a social engineer, a modern <strong>fisheries</strong> manager, who should use the prescientific<br />

method <strong>of</strong> trial and error and the negative guidance <strong>of</strong> bold pattern<br />

predications to re-evacuate the institutions <strong>of</strong> <strong>fisheries</strong> management.<br />

Cornes, Richard and Todd Sandler (1983). "On Commons and Tragedies."<br />

American Economic Review, 73(4):787-792.<br />

This paper extends the study <strong>of</strong> the commons to include a nonzero<br />

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