RT Monograph
SR 00
A1 Hopfensitz, Astrid
A1 Mantilla, Cesar
A1 Miquel-Florensa, Josepa
T1 Conditional contracts and sustainability: targeting lessons from an open access fishery
YR 2016
FD 2016-03
VO 16-35
SP 37
K1 Artifactual field experiment
K1 dynamic resource
K1 artisanal fishery
K1 stochastic production function
AB 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.
T2 IAST working paper
PB IAST working paper
PP Toulouse
AV Published
LK https://publications.ut-capitole.fr/id/eprint/22041/
UL http://tse-fr.eu/pub/30488