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...

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Main Authors: Raja Abdullah, Nik Mustapha, Viswanathan, K. Kuperan, Pomeroy, Robert S.
Format: Article
Language:English
Published: Marine Resources Foundation 1998
Online Access:http://psasir.upm.edu.my/id/eprint/40301/1/Transaction%20costs%20and%20fisheries%20co-management.pdf
http://psasir.upm.edu.my/id/eprint/40301/
http://www.jstor.org/stable/42629225?seq=1#page_scan_tab_contents
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spelling my.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
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
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.
format Article
author Raja Abdullah, Nik Mustapha
Viswanathan, K. Kuperan
Pomeroy, Robert S.
spellingShingle Raja Abdullah, Nik Mustapha
Viswanathan, K. Kuperan
Pomeroy, Robert S.
Transaction costs and fisheries co-management
author_facet Raja Abdullah, Nik Mustapha
Viswanathan, K. Kuperan
Pomeroy, Robert S.
author_sort Raja Abdullah, Nik Mustapha
title Transaction costs and fisheries co-management
title_short 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_sort transaction costs and fisheries co-management
publisher Marine Resources Foundation
publishDate 1998
url http://psasir.upm.edu.my/id/eprint/40301/1/Transaction%20costs%20and%20fisheries%20co-management.pdf
http://psasir.upm.edu.my/id/eprint/40301/
http://www.jstor.org/stable/42629225?seq=1#page_scan_tab_contents
_version_ 1643832676336009216
score 13.211869