A Safer Catch? The Role of Fisheries Management in Fishing Safety

Pfeiffer, Lisa; Petesch, Tess; Vasan, Thamanna

doi:10.1086/716856

i

A Safer Catch? The Role of Fisheries Management in Fishing Safety

2022
By Pfeiffer, Lisa ; Petesch, Tess ; Vasan, Thamanna
Source Marine Resource Economics, 37(1), 1-33

Details

Journal Title:

Marine Resource Economics
Personal Author:

Pfeiffer, Lisa ; Petesch, Tess ; Vasan, Thamanna
NOAA Program & Office:

NOAA General Documents
Description:

Commercial fishers are constantly exposed to many risk factors, making it a dangerous occupation. Fisheries management that limits access and catches can give rise to well-known stock and rule-of-capture externalities known as the “race to fish.” This market failure dissipates rents and can lead fishers to take on additional risks such as fishing in poor weather, overloading vessels, or delaying maintenance to outcompete others. Rights-based management is expected to reduce the incentives to take on additional risk. Using a large dataset of fishers from around the United States, we empirically estimate the effects of individual fishing quota (IFQ) programs on one important risk factor: the decision to fish in poor weather. We find that risk-taking behavior generally decreases under IFQs, but the magnitude of the shift differs by fishery, and we explore potential drivers of these differences.
Keywords:
Source:

Marine Resource Economics, 37(1), 1-33
DOI:

https://doi.org/10.1086/716856
ISSN:

0738-1360 ; 2334-5985
Format:

PDF
Publisher:

University of Chicago Press
Document Type:

Journal Article
License:

https://creativecommons.org/publicdomain/zero/1.0/
Rights Information:

CC0 Public Domain
Compliance:

Library
Download URL:

https://repository.library.noaa.gov/view/noaa/61989/noaa_61989_DS1.pdf
File Type:

[PDF - 1.12 MB]
Collection(s):

NOAA General Documents
Main Document Checksum:

urn:sha-512:d6063943f0865941450f85eb269646d267bc4866f4080a6f120732b80a1aeaa16e0d2f2c7607388943ef62530f0ba47f817fa5a455973ca5c2d57eaf50230ea7

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