Terry Anderson, Donald Leal
The totally new edition of an old favorite. This third edition offers compelling new examples of FME in action, and includes the work of younger scholars, such as PERC Executive Director Reed Watson and others who truly are the next generation of free market environmentalism.
Seattle Post-IntelligencerJune 19, 2006 By Matthew Daly
Providence JournalJanuary 9, 2006 By Donald R. Leal
This Policy Series challenges a popular romantic myth--the idea that Native Americans had little regard for property rights. The experience of Native American salmon fishing off the northwestern coast of the United States and the southwestern coast of Canada refutes this notion.
vThe OregonianJune 25, 2002 Individual Fishing Quotas:Long Overdue By Donald R. Leal
February 13, 2002 By Don Leal
February 2001A Former Fisherman Tackles Restoration and Bureaucracy
Overfishing in the oceans is a classic example of the "tragedy of the commons"-- overexploitation of an unowned resource. Fishing in U.S. waters is no longer a commons free of fishing restrictions, yet many fisheries still suffer from the tragedy of the commons.
Along the coastal waters of eastern Canada and the United States--in the Grand Banks off Newfoundland, for example, and in Georges Bank off New England--severe overfishing is leading to economic ruin. In spite of years of governmental restrictions on gear, catch, and seasons, fishers are over exploiting the once-productive resource their livelihoods depend on.
By Donald R. Leal, Michael De Alessi, Pamela Baker
Edited by Donald R. Leal and Vishwanie Maharaj
Robert Deacon, Dominic Parker
By Robert T. Deacon and Dominc P. Parker
The tragedy of the commons: property rights and markets as solutions to resource and environmental problems
By Gary D. Libecap
PERC Research Director Don Leal has been appointed to serve on an advisor
As overfishing depletes marine resources and reduces incomes for fishermen, a new approach giving fishermen a share in their fishery is soving by an environmental and economic problem. Catch-share management with a strong local leader in charge is winning converts around the world.
US Congress passes legislation opposing catch share fisheries one of the most promising management schemes for protecting fisheries and marine habitat
Jonathan Adler, Nathaniel Stewart
Ending the tragedy of the oceans: How property rights can save the world's fisheries.
Many environmental problems are exaggerated. The threats facing marine fisheries, however, are quite real. There is a growing consensus among fishery experts that greater reliance on private-property rights can prevent overfishing and ensure sustainability.
Fisheries around the world are poorly managed. As Jonathan Adler explains in the UCLA Journal of Environmental Law and Policy, property-based management can conserve fisheries and maintain their value for human consumption.
Some of our most beautiful and amazing species of fish are at risk for extinction. Here’s how we can save them.
Why is productive environmental governance so hard, and what might be learned from how corporate governance mechanisms address related problems? Dino Falaschetti's article addresses these questions, both in principle and in application to global fisheries.
Fishermen earn their living by competing with every other fisherman on the ocean for the most fish. The result has been overfishing, collapsed fisheries, and life threatening work conditions. Boat Captain Mark Lundsten describes his own experience on the Bering Sea.
PERC's workshop, "Tackling the Global Fisheries Challenge," took place last week. Fisheries specialist for the World Bank, Michael Arbuckle, discusses rights-based fisheries reform in developing countries.
As part of a PERC workshop, "Tackling the Global Fisheries Challenge," to be held November 14-15, Fisheries Specialist for the World Bank, Michael Arbuckle discusses rights-based fisheries reform in developing country fisheries.
John Batchelor interviews PERC's Dino Falaschetti about Tackling the Global Fisheries Challenge. He explains why catch shares are good for fish habitat, fishermen, and consumers all over the world.
Reed Watson, Terry Anderson
In the Supreme Court of the State of MontanaSupreme Court Case No. 12-0312PUBLIC LANDS ACCESS ASSOCIATION, INC., Petitioner/Appellant,v.
On the John Batchelor Show, Gary Libecap discusses the property rights alternative to international whaling agreements. This catch-share alternative would give individuals a stake in the whale fishery, which would likely improve the stock and lead to its long-term health.
Laura Huggins speaks on the John Batchelor Show about Namibia’s twenty-year experiment with an exclusive fishing zone, and how that has improved the local fisheries.
World Oceans Day is meant to bring communities from around the globe together to celebrate the vast environmental, economic and social wealth of our oceans.
There is substantial theoretical and empirical
For the past ten days PERC's Jonathan Adler been one of the guest bloggers on Megan McArdle’s blog on The Atlantic‘s website.
Hoping to defuse a three-decade feud over whale hunting, three academics are making an audacious proposal: The world should put a price on killing whales and allow conservationists and whalers alike to bid on the right to take them.
The adoption of catch share fisheries system was adopted in a poor nation with a in Namibia's, an underdeveloped country in need of nutrition and commerce, shows that market-based reform is not a Western notion that conflicts with traditional values.
The conventional view is that resource rents
PERC's latest workshop begins today on the lessons learned in rights-based fisheries management.
Watch PERC's "Saving Ocean Fisheries with Catch Shares"By Preston Mixon and Donald R. Leal Special to The Daily News
That's the title of a new NBER Working Paper by Corbett A. Grainger and Christopher Costello. The abstract:
Cross-posted at Grist.A recent post on Grist attempted to dismantle the intellectual foundations of free market environmentalism—the application of markets and property rights to solve environmental problems. But far from toppling a burgeoning movement within modern environmentalism, it succeeded only in misrepresenting the subject.To recap: Clark Williams-Derry claimed that while free market environmentalism may be effective in some areas of the environment (e.g., fisheries management), its reliance upon unrealistic assumptions about the real world largely relegates it to useless intellectual theorizing. In particular, the Coase theorem—an important component of market-based environmentalism named for Nobel Prize-winning economist Ronald Coase—amounts to “a quirky but not particularly relevant bit of theoretical math.”While there is certainly much more to free market environmentalism than the work of Coase (see Terry Anderson and Donald Leal’s book Free Market Environmentalism for more details), I focus here mostly on the misinformed critique of Coase that has been used to discredit free market environmentalism.So, who is Coase, what is his theorem, and what does it have to do with free market environmentalism?
Next month, fishers in the Pacific groundwater fishery will operate under a new management system called catch shares.
This research empirically investigates cooperative behavior in a natural resource extraction industry in which the provision of a public good (bycatch avoidance) in the Alaskan flatfish fishery is essential to the duration of the fishing season, and an information provision mechanism exists to relay information to all individuals.
Marine life can become an asset to be nourished over time, not consumed in a wasteful race. Deacon draws on a large literature on the subject, but focuses on a novel management experiment in Alaska and one developing off along the California coast.
Terry Anderson, Donald Leal
June & December 1988Volume 20
PERC REPORTS interviews Colorado school teacher Marc Johnson about his students' property-rights drama.
James G. Workman
An upwelling of PERC-trained innovators quietly replenish the sea.
Can market forces balance efficiency-equity tradeoffs in marine fisheries?
Scarcely a week goes by in which we do not hear or read some distressing news about overfishing in ocean fisheries. Such news comes at a time when the world has witnessed a phenomenal productivity boom in agricultural use of land.
Morro Bay is a picturesque coastal community in central California. The town’s most prominent physical feature is Morro Rock, the remnant of an ancient volcano, which stands at the entrance to the bay that gives the town its name.
A few hard tugs on my line prompted me to set the hook on the hungry fish. I remember the struggle I had reeling in the hefty halibut from a depth of 150 feet.
By Daniel K. Benjamin
The world’s ocean fisheries are in decline. Since 1950, nearly 30 percent of all fisheries have collapsed, and some scientists project that in 40 years, all of the world’s fisheries could collapse.
Private landowners who also happen to love native fish have developed dozens of backyard incubators that are capable of hatching hundreds of thousands of eggs.
More than sixty miles from the nearest ocean, Pacific white shrimp are growing plump and juicy in pure fresh water from deep artesian wells. They have been certified by the U.S.