CANCINO, TURFs and ITQs - Collective vs. Individual Decison Making - 0 views
-
iheringalcoforado on 22 Aug 13"While most of the attention in the scientific and policy literature onrights-based institutions has been devoted to Individual Transferable Quotas(ITQs), there are alternatives that involve different configurations of use rights.One such alternative is a space-based option commonly referred to as Territo-rial Use Rights Fisheries (TURFs). TURFs have been utilized in island fisheriesoff Southeast Asia for decades, and they have been well studied, particularly byanthropologists and sociologists. This paper discusses case studies of TURF or-ganizations in Japan and Chile from an economics perspective. We discuss thehistorical origins of each system, outline the legal and institutional structures of the systems, and then discuss how each system manages nearshore coastal re-sources. We discuss similarities and differences across the many specific collectivemanagement structures adopted by Japanese and Chilean TURF organizations.We then discuss how outcomes differ from what might emerge under ITQs"