An alternative method of fish price determination in Newfoundland and Labrador: the Icelandic experience with fish auctions

• Main Author: Small, David
• Format: Thesis
• Language: English
• Published: Memorial University of Newfoundland 2004
• Subjects: Newfoundland
• Online Access: https://research.library.mun.ca/11439/; https://research.library.mun.ca/11439/1/Small_David.pdf

As long as the commercial fishery has existed in Newfoundland and Labrador there has also existed a relationship of mistrust between fishermen and processor. The existence of this tense relationship is often observed most easily in the price determination system used to settle prices paid for fish in this province. While not the cause of some of the problems in the fishing industry today, price determination could never be seen as a method of solving the problems that do exist because it usually pitted harvester against processor. While many problems exist in the industry, one in particular seems to have gone unchecked for years, that is inconsistent quality of Newfoundland and Labrador seafood. Can one establish a relationship between quality and price determination that would see higher prices paid for better quality. This paper will focus on using auctions as a method of improving harvester processor relations as well as improving quality in the industry.