A fractional licensing program for fisheries

An alternative fisheries management program, the issuance of "fractional licenses," is proposed. Management would establish a target number of licenses and determine separately how many fishers qualified for participation. Management would then issue some fraction of a license to each qual...

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Bibliographic Details
Published in:Land economics 1992-05, Vol.68 (2), p.185-190
Main Author: Townsend, R.E. (University of Maine)
Format: Article
Language:English
Subjects:
ACCESS
ADMINISTRACION PESQUERA
Advantages
Boats
Commercial fishing
DERECHO DE USO
DROIT D'USAGE
Economic theory
Fish industry
Fisheries
Fisheries management
Fishers
Fishery economics
FISHERY MANAGEMENT
Fishing
Fishing licenses
GESTION DES PECHES
Individual fishing quotas
individual transferable quotas
Land economics
LICENCES
LICENCIAS
LICENSES
Licensing
Licensing agreements
limited entry
Management
Methods
Ocean fisheries
PERMIS
PRODUCTION CONTROLS
QUOTAS
REGULACION DE LA PRODUCCION
REGULATION DE LA PRODUCTION
Rent seeking behavior
RIGHT OF ACCESS
Transfer taxes
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Description
Summary:An alternative fisheries management program, the issuance of "fractional licenses," is proposed. Management would establish a target number of licenses and determine separately how many fishers qualified for participation. Management would then issue some fraction of a license to each qualifier, such that the product of the fraction times the number of qualifiers equals the target number of licenses. To fish, a fisher would have to acquire fractions totalling 100 percent. The fractional license approach permits a clearer separation of the decisions on the total level of fishing effort and the decisions on who receives fishing rights.
ISSN:0023-7639
1543-8325
DOI:10.2307/3146773