Summary: | This presentation describes the impact of transitions to catch share management on risk-taking among commercial fishermen in three fisheries. Catch share management has been associated with a decline in the speed and intensity of fishing activities and longer fishing seasons. This is expected to improve safety in fisheries. Using wind speed to proxy risk, we find evidence of safer trip decisions post catch shares transition in the Gulf of Mexico Red Snapper (2007) and Grouper-Tilefish (2010) fisheries, as well as the Northeast Atlantic Sea Scallop fishery (2010), although there are many management details and fishery-specific circumstances that influence trip decisions.
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