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The Possibility of Evolution from Market-Based Regulation to Common Pool Regulation of a Natural Resource: A Case Study of New Zealand's Commercial Fisheries

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Type: Conference Paper
Author: Yandle, Tracy
Conference: Mini-Conference of the Workshop in Political Theory and Policy Analysis
Location: Indiana University, Bloomington, IN
Conf. Date: Fall
Date: 1996
URI: http://hdl.handle.net/10535/8290
Sector: Fisheries
Region: Pacific and Australia
Subject(s): fisheries
regulation
common pool resources
Workshop
Abstract: "As the world's population grows, fisheries--particularly off-shore fisheries--are an increasingly important food source. Yet there is also evidence that these fisheries are being exploited to the point of over-fishing and ecosystem degradation. Over the past 40 years, the global fish catch quadrupled, but the catch is now no longer rising. Since the creation of 200 mile national economic exclusion zones, many nations have searched for ways to regulate fishing within these zones. This job of regulating has been complicated by factors such as imperfect information, high enforcement costs, and the difficulty of regulating a resource that is itself constantly moving and possibly migratory."

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