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

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:

Economics And Econometrics Geography, Planning And Development Management, Monitoring, Policy And Law Oceanography Economics And Econometrics Geography, Planning And Development Management, Monitoring, Policy And Law Economics And Econometrics Geography, Planning And Development Management, Monitoring, Policy And Law
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
Main Document Checksum:

urn:sha-512:d6063943f0865941450f85eb269646d267bc4866f4080a6f120732b80a1aeaa16e0d2f2c7607388943ef62530f0ba47f817fa5a455973ca5c2d57eaf50230ea7
Download URL:

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

[PDF - 1.12 MB ]

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