Fisheries that allot a fixed portion of the bounty to each fisherman are much less likely to fail than those that operate on competition.
SOURCES: Christopher Costello and Steve Gaines, University of California at Santa Barbara; John Lynham, University of Hawaii | By Patterson Clark - The Washington Post - September 22, 2008
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Study Suggests Sharing the Catch Could Save Fisheries Article | Amid the collapse of once-rich fisheries around the world, policymakers, fishermen and environmentalists have been debating a controversial question: Can a fishery be saved by giving those who harvest the sea a guaranteed share of its bounty, rather than having them compete to see who can extract...