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

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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
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
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