Creating Marine Assets: Property Rights in Ocean Fisheries, by Robert Deacon

By Robert Deacon

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Extra info for Creating Marine Assets: Property Rights in Ocean Fisheries, PERC Policy Series: PS-43, March 2009

Example text

35. In total, an area about the size of Maryland. 36. See Deacon and Parker (2009). This logic becomes clearer if we compare open access, where exclusivity is entirely absent, to a hypothetical sole ownership regime, where such rights are completely delineated. With open access, TNC could pay a fisher to refrain from unwanted actions, but another harvester not so encumbered would be motivated to enter and outcompete the fisher under easement. Consequently, nothing would be achieved. Under sole ownership, where one agent holds rights to make coordinated decisions on all aspects of the resource’s use, TNC could proceed the same way it does with conservation easement on land, by negotiating a single agreement covering many aspects of the resources’ use.

Minte-Vera, Mark D. Scheuerell, and Juan L. Valero. 2003. State of the World’s Fisheries. Annual Review of Environment and Resources 28: 359–99. Nature Conservancy. 2006. Conservancy Purchases Federal Trawling Permits and Vessels to Protect Marine Areas in California. June 27. org 3, 2009). ———. 2007. The Nature Conservancy and Trawl Fisherman Partner to Pilot New Conservation Tool in California. October 8. html (accessed March 3, 2009). ———. 2008. Exempted Fishing Permit Approved-Boats Take to the Water.

Conservancy Purchases Federal Trawling Permits and Vessels to Protect Marine Areas in California. June 27. org 3, 2009). ———. 2007. The Nature Conservancy and Trawl Fisherman Partner to Pilot New Conservation Tool in California. October 8. html (accessed March 3, 2009). ———. 2008. Exempted Fishing Permit Approved-Boats Take to the Water. The Nature Conservancy August 14. Available at: www. html (accessed March 3, 2009). Knapp, Gunnar. 2008. The Chignik Salmon Cooperative. In Case Studies in Fisheries Self-Governance, ed.

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