Lynne Kiesling Yesterday was Earth Day, and here’s a good way to observe it: Andrew Langer and Iain Murray argue for catch shares as a sustainable free-market fisheries policy. The idea is simple: give fishermen an ownership stake in a particular fishery through the assignment of quotas, which can be traded. The quotas give individual …
Lynne Kiesling Jonathan Adler reports from a PERC workshop on fisheries management and how property rights institutions can reduce pervasive overfishing problems in fishing. Overfishing is a serious environmental and economic problem, and Jon provides excellent links to the body of research showing that property rights institutions, such as tradeable catch shares, can reduce overfishing …
Lynne Kiesling Researchers at PERC have been working on free-market environmentalism and property rights-based approaches to aligning economic and environmental values for decades. This video does an excellent job of highlighting the work that PERC scholars and others have done to make ocean fisheries more sustainable by moving from open-access overfishing to population and profit …
Lynne Kiesling Here’s a good piece of news from the fishery and common pool resource front: salmon and steelhead populations are dramatically larger in the Pacific Northwest than anticipated, and than they were last year. … More than 680,000 Coho salmon returned to Oregon last year, double the number in 2007. The Coho run was …
Lynne Kiesling I’ve been enjoying this new research from environmental economist Chris Costello and his two co-authors, Steven Gaines and John Lynham: “Can Catch Shares Prevent Fisheries Collapse?”: Recent reports suggest that most of the world’s commercial fisheries could collapse within decades. Although poor fisheries governance is often implicated, evaluation of solutions remains rare. Bioeconomic …
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