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Marching Towards Leviathan, Embracing the Market, or Romancing the Commons: An Examination of Three Approaches to Fisheries Management

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dc.contributor.author Imperial, Mark T.
dc.contributor.author Yandle, Tracy
dc.date.accessioned 2009-11-30T20:20:15Z
dc.date.available 2009-11-30T20:20:15Z
dc.date.issued 1998 en_US
dc.identifier.uri https://hdl.handle.net/10535/5247
dc.description.abstract "The paper argues that three competing paradigms or approaches to fisheries management exist: (1) the traditional centralized bureaucratic model favoring government regulation; (2) a market-based model favoring individual transferable quotas (ITQs); and, (3) a community-based model advocating the self-regulation of fish stocks. Examining each institutional arrangement reveals the normative biases and preferences that lead to different policy objectives. It also demonstrates that the policy analysts subscribing to each approach tend to rely on a different set of policy instruments and institutional arrangements. After examining each paradigmatic approach to fisheries management, the paper then critiques the institutional analysis performed by policy analysts in the fisheries literature. The major critiques are that the literature often ignores the full range of transaction costs associated with developing and implementing fisheries policies. The paper then compares each approach in greater detail by examining the transaction costs associated with each institutional arrangement. The paper concludes with an examination of how each institutional arrangement satisfies some general criteria for assessing institutional performance. The central argument is that fisheries analysts need an improved understanding of the strengths and limitations of the three prevailing approaches to fisheries management. Moreover, a greater cross-fertilization of ideas and approaches is needed to bridge the gap between the three disjointed areas the fisheries literature." en_US
dc.language English en_US
dc.subject policy analysis en_US
dc.subject common pool resources en_US
dc.subject fisheries en_US
dc.subject community participation en_US
dc.subject environmental policy en_US
dc.subject regulation--fisheries en_US
dc.subject ITQs en_US
dc.subject institutional analysis--IAD framework en_US
dc.subject markets--regulation en_US
dc.subject resource management en_US
dc.title Marching Towards Leviathan, Embracing the Market, or Romancing the Commons: An Examination of Three Approaches to Fisheries Management en_US
dc.type Conference Paper en_US
dc.type.published unpublished en_US
dc.type.methodology Case Study en_US
dc.subject.sector Fisheries en_US
dc.identifier.citationconference Association for Public Policy Analysis and Management (APPAM) Twentieth Annual Research Conference en_US
dc.identifier.citationconfdates October 29-31, 1998 en_US
dc.identifier.citationconfloc New York, NY en_US

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