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Different property rights regimes in the Lake Victoria multiple species fishery

Published online by Cambridge University Press:  17 January 2005

GARDNER BROWN
Affiliation:
University of Göteborg, University of Washington and Resources for the Future, University Fellow. E-mail: [email protected]
BRETT BERGER
Affiliation:
Federal Reserve Board, Washington
MOSES IKIARA
Affiliation:
Kenya Institute for Public Policy, Research and Analysis

Abstract

Greater ecosystem complexity is recognized by studying a two species predator–prey model under two property rights regimes: free entry and a system such as individual quotas which execute an economically optimal solution. A bottom-up management experiment is discussed in the context of Lake Victoria fisheries.

Type
Research Articles
Copyright
© 2005 Cambridge University Press

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Footnotes

The authors thank the very helpful comments of two anonymous reviewers.