Edited by Donald R. Leal
The sad truth is that direct regulations have not eliminated overfishing but instead increased fishing costs for fishermen risking their lives on the high seas. The good news is that there is a better way to manage our ocean fisheries. Property rights approaches, such as individual transferable quotas (ITQs) and private harvest agreements are proving highly effective in restoring health and sanity to a host of fisheries around the globe This book traces such developments and addresses the remaining obstacles to the continued development of property rights in ocean fisheries.
Rowman & Littlefield Publishers, Inc.
4720 Boston Way
Lanham, MD 20706
800-462-6420
www.rowmanlittlefield.com
2004; 268 pp.


Founded 30 years ago in Bozeman, Montana, PERC—the Property and Environment Research Center—is the nation’s oldest and largest institute dedicated to improving environmental quality through property rights and markets.
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