Tools
Tools
Hopfensitz, Astrid
, Mantilla, Cesar and Miquel-Florensa, Josepa
(2016)
Conditional contracts and sustainability: targeting lessons from an open access fishery.
IAST working paper, n. 16-35, Toulouse
Preview |
Text
Download (946kB) | Preview |
Abstract
We design and conduct a lab-in-the-field experiment to test the effect of a conditional contract on the sustainability of an open access fishery, where unit prices are conditional on aggregate catch. The contract provides collective incentives to decrease extraction but maintain the individual incentives of extraction maximization. We conduct the experiment with two communities of artisanal fishermen differing in their market and technological restrictions. We find that the conditional contract, compared to a fixed price scheme, increases efficiency, the duration of the resource and the total yield. The contract has a greater effect upon groups from the less restricted community.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Language: | English |
| Date: | March 2016 |
| Place of Publication: | Toulouse |
| Uncontrolled Keywords: | Artifactual field experiment, dynamic resource, artisanal fishery, stochastic production function |
| JEL Classification: | C92 - Laboratory, Group Behavior Q22 - Fishery; Aquaculture |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Institution: | Université Toulouse Capitole |
| Site: | UT1 |
| Date Deposited: | 06 Jun 2016 12:42 |
| Last Modified: | 02 Apr 2021 15:53 |
| OAI Identifier: | oai:tse-fr.eu:30488 |
| URI: | https://publications.ut-capitole.fr/id/eprint/22041 |
