Managing harvest risk with catch-pooling cooperatives
<qd> Sethi, S. A., Dalton, M., and Hilborn, R. 2012. Managing harvest risk with catch-pooling cooperatives – ICES Journal of Marine Science, 69: 1038–1044. </qd>Catch-pooling cooperatives are a strategy for fishers to manage variability which can be organized independently of a central m...
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fthighwire:oai:open-archive.highwire.org:icesjms:69/6/1038 2023-05-15T15:43:44+02:00 Managing harvest risk with catch-pooling cooperatives Sethi, Suresh Andrew Dalton, Michael Hilborn, Ray 2012-07-01 00:00:00.0 text/html http://icesjms.oxfordjournals.org/cgi/content/short/69/6/1038 https://doi.org/10.1093/icesjms/fss064 en eng Oxford University Press http://icesjms.oxfordjournals.org/cgi/content/short/69/6/1038 http://dx.doi.org/10.1093/icesjms/fss064 Copyright (C) 2012, International Council for the Exploration of the Sea/Conseil International pour l'Exploration de la Mer Articles TEXT 2012 fthighwire https://doi.org/10.1093/icesjms/fss064 2012-06-19T02:12:34Z <qd> Sethi, S. A., Dalton, M., and Hilborn, R. 2012. Managing harvest risk with catch-pooling cooperatives – ICES Journal of Marine Science, 69: 1038–1044. </qd>Catch-pooling cooperatives are a strategy for fishers to manage variability which can be organized independently of a central management agency. We examined the statistical properties of equal-share catch-pooling cooperatives, and tested their potential to mitigate risk using data from two Bering Sea crab fisheries prior to rationalization. The results suggest that small cooperatives of crabbers could have reduced vessel-level catch risk by as much as 40% in the red king crab fishery, but would have been ineffective in the snow crab fishery. Analytical examination of catch variances under cooperatives explains the discrepancy between the two fisheries and demonstrates that variability reduction depends on the degree of correlation amongst participants' catches. In the best-case scenario, catch-pooling cooperatives can diversify away all season to season variation resulting from individuals' luck and skill, leaving only variation in fishery-wide harvest. Text Bering Sea Red king crab Snow crab HighWire Press (Stanford University) Bering Sea ICES Journal of Marine Science 69 6 1038 1044 |
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Articles Sethi, Suresh Andrew Dalton, Michael Hilborn, Ray Managing harvest risk with catch-pooling cooperatives |
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<qd> Sethi, S. A., Dalton, M., and Hilborn, R. 2012. Managing harvest risk with catch-pooling cooperatives – ICES Journal of Marine Science, 69: 1038–1044. </qd>Catch-pooling cooperatives are a strategy for fishers to manage variability which can be organized independently of a central management agency. We examined the statistical properties of equal-share catch-pooling cooperatives, and tested their potential to mitigate risk using data from two Bering Sea crab fisheries prior to rationalization. The results suggest that small cooperatives of crabbers could have reduced vessel-level catch risk by as much as 40% in the red king crab fishery, but would have been ineffective in the snow crab fishery. Analytical examination of catch variances under cooperatives explains the discrepancy between the two fisheries and demonstrates that variability reduction depends on the degree of correlation amongst participants' catches. In the best-case scenario, catch-pooling cooperatives can diversify away all season to season variation resulting from individuals' luck and skill, leaving only variation in fishery-wide harvest. |
format |
Text |
author |
Sethi, Suresh Andrew Dalton, Michael Hilborn, Ray |
author_facet |
Sethi, Suresh Andrew Dalton, Michael Hilborn, Ray |
author_sort |
Sethi, Suresh Andrew |
title |
Managing harvest risk with catch-pooling cooperatives |
title_short |
Managing harvest risk with catch-pooling cooperatives |
title_full |
Managing harvest risk with catch-pooling cooperatives |
title_fullStr |
Managing harvest risk with catch-pooling cooperatives |
title_full_unstemmed |
Managing harvest risk with catch-pooling cooperatives |
title_sort |
managing harvest risk with catch-pooling cooperatives |
publisher |
Oxford University Press |
publishDate |
2012 |
url |
http://icesjms.oxfordjournals.org/cgi/content/short/69/6/1038 https://doi.org/10.1093/icesjms/fss064 |
geographic |
Bering Sea |
geographic_facet |
Bering Sea |
genre |
Bering Sea Red king crab Snow crab |
genre_facet |
Bering Sea Red king crab Snow crab |
op_relation |
http://icesjms.oxfordjournals.org/cgi/content/short/69/6/1038 http://dx.doi.org/10.1093/icesjms/fss064 |
op_rights |
Copyright (C) 2012, International Council for the Exploration of the Sea/Conseil International pour l'Exploration de la Mer |
op_doi |
https://doi.org/10.1093/icesjms/fss064 |
container_title |
ICES Journal of Marine Science |
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69 |
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6 |
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1038 |
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1044 |
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1766377936802283520 |