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001385943 020__ $$a1417574356
001385943 020__ $$a9781417574353
001385943 035__ $$a(OCoLC)57542574$$z(OCoLC)992010653
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001385943 08204 $$a338.3/727$$222
001385943 1001_ $$aHannesson, Rögnvaldur.
001385943 24514 $$aThe privatization of the oceans /$$cRögnvaldur Hannesson.
001385943 260__ $$aCambridge, Mass. :$$bMIT Press,$$c©2004.
001385943 300__ $$a1 online resource (viii, 202 pages) :$$billustrations, 1 map
001385943 336__ $$atext$$btxt$$2rdacontent
001385943 337__ $$acomputer$$bc$$2rdamedia
001385943 338__ $$aonline resource$$bcr$$2rdacarrier
001385943 506__ $$aAccess limited to authorized users.
001385943 520__ $$aRich with detail and provocatively argued, this study of the development of property rights in the world's fisheries tells the story of one industry's evolution and provides a useful illustration of the forces that shape economic institutions. The emergence of exclusive individual rights of access in the fishing industry began after the revolution in the international law of the sea that took place in the 1970s, when the offshore area controlled by a nation for fish and other resources expanded from 3 miles to 200 miles. Rognvaldur Hannesson compares the subsequent development of private property rights in the fisheries to the historic enclosures and clearances of common land in England and Scotland and finds many parallels, including bitter fights over access rights and the impossibility of accommodating all those who want to stake a claim. Overall benefit to society in the form of increased efficiency, he points out, does not mean that all benefit equally. After tracing the development of the law of the sea since the sixteenth century, Hannesson considers what form property rights in fisheries might take and examines the forces behind the establishment of exclusive use rights to fish. He argues that one form of exclusive use rights, individual transferable quotas (ITQs), best promotes efficiency in the use of fish resources. He presents case studies of ITQ development, ranging from successful establishment in Canada and New Zealand to failures in Chile and Norway to experiments with ITQs in Iceland and the United States. The development of economic institutions, he concludes, is an evolutionary process subject to contradictory influences.
001385943 588__ $$aOCLC-licensed vendor bibliographic record.
001385943 650_0 $$aFishery management$$xEconomic aspects.
001385943 650_0 $$aFisheries$$xLimited entry licenses.
001385943 653__ $$aECONOMICS/Political Economy
001385943 653__ $$aECONOMICS/Environmental Economics
001385943 655_0 $$aElectronic books
001385943 852__ $$bebk
001385943 85640 $$3MIT Press$$uhttps://univsouthin.idm.oclc.org/login?url=https://doi.org/10.7551/mitpress/5578.001.0001?locatt=mode:legacy$$zOnline Access through The MIT Press Direct
001385943 85642 $$3OCLC metadata license agreement$$uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
001385943 909CO $$ooai:library.usi.edu:1385943$$pGLOBAL_SET
001385943 980__ $$aBIB
001385943 980__ $$aEBOOK
001385943 982__ $$aEbook
001385943 983__ $$aOnline