Transaction costs and fisheries co-management
Fisheries co-management as an alternative to centralized command and control fisheries management is often suggested as a solution to the problems of fisheries resource use conflicts and overexploitation. This paper highlights some elements of the transaction costs under a fisheries co-management sy...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Marine Resources Foundation
1998
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| Online Access: | http://psasir.upm.edu.my/id/eprint/40301/1/Transaction%20costs%20and%20fisheries%20co-management.pdf |
| _version_ | 1796973713146511360 |
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| author | Raja Abdullah, Nik Mustapha Viswanathan, K. Kuperan Pomeroy, Robert S. |
| author_facet | Raja Abdullah, Nik Mustapha Viswanathan, K. Kuperan Pomeroy, Robert S. |
| author_sort | Raja Abdullah, Nik Mustapha |
| collection | UPM |
| description | Fisheries co-management as an alternative to centralized command and control fisheries management is often suggested as a solution to the problems of fisheries resource use conflicts and overexploitation. This paper highlights some elements of the transaction costs under a fisheries co-management system. The transaction costs can be categorized into three major cost items: (i) information costs, (ii) collective fisheries decision-making costs, and (iii) collective operational costs. An approach to measuring transaction costs of fisheries co-management systems both in static and dynamic processes is also proposed. There is a need to empirically evaluate the nature of the transaction costs involved in fisheries co-management institutions as a basis for evaluating the efficiency or net benefits of co-managed fisheries compared to centrally managed fisheries. |
| first_indexed | 2024-03-06T08:46:40Z |
| format | Article |
| id | upm.eprints-40301 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T08:46:40Z |
| publishDate | 1998 |
| publisher | Marine Resources Foundation |
| record_format | dspace |
| spelling | upm.eprints-403012015-09-17T00:34:50Z http://psasir.upm.edu.my/id/eprint/40301/ Transaction costs and fisheries co-management Raja Abdullah, Nik Mustapha Viswanathan, K. Kuperan Pomeroy, Robert S. Fisheries co-management as an alternative to centralized command and control fisheries management is often suggested as a solution to the problems of fisheries resource use conflicts and overexploitation. This paper highlights some elements of the transaction costs under a fisheries co-management system. The transaction costs can be categorized into three major cost items: (i) information costs, (ii) collective fisheries decision-making costs, and (iii) collective operational costs. An approach to measuring transaction costs of fisheries co-management systems both in static and dynamic processes is also proposed. There is a need to empirically evaluate the nature of the transaction costs involved in fisheries co-management institutions as a basis for evaluating the efficiency or net benefits of co-managed fisheries compared to centrally managed fisheries. Marine Resources Foundation 1998 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/40301/1/Transaction%20costs%20and%20fisheries%20co-management.pdf Raja Abdullah, Nik Mustapha and Viswanathan, K. Kuperan and Pomeroy, Robert S. (1998) Transaction costs and fisheries co-management. Marine Resource Economics, 13 (2). pp. 103-114. ISSN 0738-1360; ESSN: 2334-5985 http://www.jstor.org/stable/42629225?seq=1#page_scan_tab_contents |
| spellingShingle | Raja Abdullah, Nik Mustapha Viswanathan, K. Kuperan Pomeroy, Robert S. Transaction costs and fisheries co-management |
| title | Transaction costs and fisheries co-management |
| title_full | Transaction costs and fisheries co-management |
| title_fullStr | Transaction costs and fisheries co-management |
| title_full_unstemmed | Transaction costs and fisheries co-management |
| title_short | Transaction costs and fisheries co-management |
| title_sort | transaction costs and fisheries co management |
| url | http://psasir.upm.edu.my/id/eprint/40301/1/Transaction%20costs%20and%20fisheries%20co-management.pdf |
| work_keys_str_mv | AT rajaabdullahnikmustapha transactioncostsandfisheriescomanagement AT viswanathankkuperan transactioncostsandfisheriescomanagement AT pomeroyroberts transactioncostsandfisheriescomanagement |