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Please use this identifier to cite or link to this item: http://hdl.handle.net/10793/710

Title: Overcoming the “tragedy of the commons” in fishery management
Authors: Kraak, S. B. M.
Keywords: tragedy of the commons
Issue Date: 2011
Publisher: International Council for the Exploration of the Sea (ICES)
Citation: Kraak, S. B. M. (2011). Overcoming the “tragedy of the commons” in fishery management. ICES Insight, 48, 50-56
Series/Report no.: ICES Insight;48
Abstract: In situations of declining or depleted fish stocks, fishers seem to have fallen prey to the “tragedy of the commons”. This occurs because fishers face the dilemma that, although they understand that limiting their catches would pay off in the form of sustainable future catches, they can never be sure that the catch which they have just sacrificed will not be immediately snapped up by competing fishers. Standard economic theory predicts that, in such dilemmas, individuals are not willing to cooperate and sacrifice catches in the short term, and that, consequently, the resource is overharvested. However, over past decades, a multitude of research endeavours have shown that humans often achieve outcomes that are “better than rational” by building conditions where reciprocity, reputation, and trust help to overcome the temptations of short-term self-interest.
Description: This article was originally published by ICES in ICES Insight No. 48 – September 2011.
URI: http://hdl.handle.net/10793/710
http://www.ices.dk/products/Insight/INSIGHTWEB2011.pdf
ISBN: 978-87-7482-097-0
ISSN: 1995/7815
Appears in Collections:Peer Reviewed Scientific Papers

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