Fishery Management
The focus of this research is the application of experimental economic laboratory methods to the evaluation of fishery management options.
Background
In many areas, the economic, practical, and environmentally sustainable extent of fisheries have now been reached. Fishery managers are looking for new ways to manage the common pool resource. In doing so they are exploring the use of individual tradeable quota, setting maximum economic yields and the performance of input and output based quotas.
Our Research
This project provides fundamental insights into the behaviour of fishers under alternative institutional arrnagement within a fishery. The research compares regulatory instruments with notions of social contracts. Institutional testing is carried out both in the laboratory with university students and in the field with members of the fishing industry.
