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

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or individual transferable quotas (ITQs). This paper argues there are strong<br />

biological, social, and economic reasons to be skeptical that limited entry<br />

will ever solve the <strong>fisheries</strong> conservation problem. It suggests that the<br />

reasons for the lobster fishery's continued success can be found in the<br />

institutions <strong>of</strong> virtual user self-governance that have evolved over the years.<br />

Self-governance forces a consensus with regard to the kinds <strong>of</strong> rules used in<br />

the fishery, assures wide-spread perception <strong>of</strong> their fairness and efficacy,<br />

and leads to a situation where social sanctions are widely used for their<br />

enforcement. Self-governance in this fishery has led to mutual coercion,<br />

mutually agreed upon and mutually enforced.<br />

Wilson, James( (1994). Self-Governance in the Maine Lobster Fishery. In<br />

Karyn L. Gimbel (ed.) Limiting Access to Marine Fisheries: Keeping the<br />

Focus on Conservation, Center for Marine Conservation and the World<br />

Wildlife Fund, Washington, D.C.<br />

The Maine lobster fishery has long been described as a classic case <strong>of</strong><br />

over fishing - both biologically and economically. To the discomfort <strong>of</strong><br />

standard management theory the fishery continues to produce high sustained<br />

yields; as for biological performance it may be one <strong>of</strong> the best managed<br />

<strong>fisheries</strong> in the world. This paper suggests that the reasons for the<br />

fishery s continued success can be found in the institutions <strong>of</strong> virtual user<br />

self-governance that have evolved over the years. Self-governance forces a<br />

consensus about the kinds <strong>of</strong> rules used in the fishery, assures widespread<br />

perception <strong>of</strong> their fairness and efficacy, and leads to a situation where<br />

social sanctions are widely used for their enforcement. Self-governance in<br />

this fishery has led to mutual coercion, mutually agreed upon and mutually<br />

enforced.<br />

Wilson, James A. and Ralph Townsend (19??). "Simulation Model <strong>of</strong> a<br />

Stochastic Multiple Species Fishery System with High Search Costs."<br />

Proposal, Departments <strong>of</strong> Economics and Physics, University <strong>of</strong><br />

Maine, Orono, Maine.<br />

The proposed research uses simulation modeling <strong>of</strong> multispecies <strong>fisheries</strong><br />

systems to reevaluate the desirability <strong>of</strong> certain management regimes.<br />

Wilson, James A., James M. Acheson, Mark Metcalfe, and Peter Kleban<br />

(1994). "Chaos, Complexity and Community Management <strong>of</strong> Fisheries."<br />

Marine Policy, 18(4):291-305.<br />

For several decades, <strong>fisheries</strong> management has been based on stock<br />

recruitment models, leading to policies designed to control the amount <strong>of</strong><br />

effort and the quantity <strong>of</strong> fish caught. This approach has not been notably<br />

successful. In this paper we take the view that this problem arises from the<br />

complex and likely chaotic nature <strong>of</strong> <strong>fisheries</strong>. This attribute <strong>of</strong> <strong>fisheries</strong><br />

creates a very difficult and costly information problem, which renders<br />

attempts to control the long term numerical abundance <strong>of</strong> individual species<br />

virtually impossible. We argue that feasible management must address the<br />

relatively stable parameters <strong>of</strong> <strong>fisheries</strong> systems - habitat and basic<br />

biological processes, and that this demands management attention to the fine<br />

as well as the broad scale attributes <strong>of</strong> the system. Attention to detail at<br />

these differing scales implies the need for a layered or hierarchical<br />

management structure. The need to minimize information costs also suggests an<br />

emphasis on decentralized, community based approaches to management. A review<br />

<strong>of</strong> the anthropological <strong>literature</strong> shows that such approaches are common in<br />

many societies.<br />

Wilson, James A., R. Townsend, P. Kelban, S. McKay, and J. French<br />

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