The Nobel Prize in economics bestowed upon Elinor Ostrom this week largely honors her work showing that commonly owned resources can be preserved and managed by stakeholders as well as or better than by governments or through privatization.
And many within the fishing community are noting her position as a strong statement against the "catch-share" management format being pushed for New England and other fisheries.

It is important to note that many of Dr. Ostrom's examples of successful commons management already have parallels with various fisheries management regimes, some of which has been successful (the informal associations that regulate where a Maine lobsterman may place his traps), some of which have not (rotating days at sea), and others which are yet unproven (sector management).
Ostrom's work is best used to show that catch shares should not be considered the only successful management tool, but effective management will still depend on restricting access to resources, enforcing those restrictions, and making sure that resources users plan for long-term rather than short-term gains.
Posted by: Scott | October 18, 2009 at 12:31 PM
I THINK THE KEY WORDS BEING COMMON USERS, WHO ARE LOCALS.
"SECTORS"(CATCH SHARES) WHICH IS BASED ON INDIVIDUAL QUOTA HAS BEEN PROVEN TO HAVE FAILED, OR IS FAILING.THE KEY BEING WHO IS LEFT FISHING. ITQ MANAGEMENT STUDIES PROVE 1-THEY ARE NON-FISHERMEN 2- NON-LOCALS.
MAJORITY LOSES JOBS, AND REDUCES PRICE REMAINING CREW RECEIVES.(COST OF BUYING OR LEASING).
CATCH SHARES DOESN'T END THE RACE TO FISH, IT REWARDS A FEW, AT THE MAJOR PRICE OF THE PEOPLE OUT OF WORK & ULTIMATELY COASTAL COMMUNITIES.
Posted by: MUDDOG | October 18, 2009 at 01:36 PM
Yeah - ifqs spell huge trouble for coastal communities.
Posted by: Marsh Rat | October 19, 2009 at 09:52 AM