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Catch shares slow the race to fish.

Publication ,  Journal Article
Birkenbach, AM; Kaczan, DJ; Smith, MD
Published in: Nature
April 2017

In fisheries, the tragedy of the commons manifests as a competitive race to fish that compresses fishing seasons, resulting in ecological damage, economic waste, and occupational hazards. Catch shares are hypothesized to halt the race by securing each individual's right to a portion of the total catch, but there is evidence for this from selected examples only. Here we systematically analyse natural experiments to test whether catch shares reduce racing in 39 US fisheries. We compare each fishery treated with catch shares to an individually matched control before and after the policy change. We estimate an average policy treatment effect in a pooled model and in a meta-analysis that combines separate estimates for each treatment-control pair. Consistent with the theory that market-based management ends the race to fish, we find strong evidence that catch shares extend fishing seasons. This evidence informs the current debate over expanding the use of market-based regulation to other fisheries.

Duke Scholars

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Published In

Nature

DOI

EISSN

1476-4687

ISSN

0028-0836

Publication Date

April 2017

Volume

544

Issue

7649

Start / End Page

223 / 226

Related Subject Headings

  • United States
  • Time Factors
  • Seasons
  • Models, Theoretical
  • General Science & Technology
  • Fishes
  • Fisheries
  • Environmental Policy
  • Conservation of Natural Resources
  • Competitive Behavior
 

Citation

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Birkenbach, A. M., Kaczan, D. J., & Smith, M. D. (2017). Catch shares slow the race to fish. Nature, 544(7649), 223–226. https://doi.org/10.1038/nature21728
Birkenbach, Anna M., David J. Kaczan, and Martin D. Smith. “Catch shares slow the race to fish.Nature 544, no. 7649 (April 2017): 223–26. https://doi.org/10.1038/nature21728.
Birkenbach AM, Kaczan DJ, Smith MD. Catch shares slow the race to fish. Nature. 2017 Apr;544(7649):223–6.
Birkenbach, Anna M., et al. “Catch shares slow the race to fish.Nature, vol. 544, no. 7649, Apr. 2017, pp. 223–26. Epmc, doi:10.1038/nature21728.
Birkenbach AM, Kaczan DJ, Smith MD. Catch shares slow the race to fish. Nature. 2017 Apr;544(7649):223–226.
Journal cover image

Published In

Nature

DOI

EISSN

1476-4687

ISSN

0028-0836

Publication Date

April 2017

Volume

544

Issue

7649

Start / End Page

223 / 226

Related Subject Headings

  • United States
  • Time Factors
  • Seasons
  • Models, Theoretical
  • General Science & Technology
  • Fishes
  • Fisheries
  • Environmental Policy
  • Conservation of Natural Resources
  • Competitive Behavior