Insurance mechanisms to mediate economic risks in marine fisheries

ICES Journal of Marine Science

Volumn 66, Issue 5, 2009, Pages 950-959

  Mumford, J D ^a   Leach, A W ^a   Levontin, P ^a   Kell, L T ^b  

^a IMPERIAL COLLEGE LONDON   (United Kingdom)

^b CENTRE FOR ENVIRONMENT   (United Kingdom)

Author keywords

Capture fishery; Feedback dynamics; Fisher behaviour; Harvest; Indemnity; Insurance; Price; Regulation; Revenue; Risk; Sustainability; Uncertainty

Indexed keywords

CAPTURE METHOD; ECONOMIC IMPACT; INSURANCE SYSTEM; MARICULTURE; RISK ASSESSMENT; SUSTAINABILITY; UNCERTAINTY ANALYSIS;

EURASIA; EUROPE; NORTH AMERICA; UNITED STATES;

EID: 66249099499     PISSN: 10543139     EISSN: 10959289     Source Type: Journal    
DOI: 10.1093/icesjms/fsp100     Document Type: Article

References (17)

1. Beddington, J. R., and May, R. M. 1977. Harvesting natural populations in a randomly fluctuating environment. Science, 197: 463-465.
2. Charles, A. T. 2007. Adaptive co-management for resilient resource systems: some ingredients and the implications of their absence. In Adaptive Co-Management, pp. 83-104. Ed. by D. Armitage, F. Berkes, and N. Doubleday. University of British Columbia Press, Vancouver. 344 pp.
3. Costello, C., Gaines, S. D., and Lynham, J. 2008. Can catch shares prevent fisheries collapse? Science, 321: 1678-1681.
4. Cunningham, S., and Maguire, J. 2002. Factors of unsustainability in fisheries. In Report and Documentation of the International Workshop on Factors of Contributing to Unsustainability and Overexploitation in Fisheries, Bangkok, Thailand, 4-8 February 2002, pp. 53-90. Ed. by D. Gréboval. FAO Fisheries Report, 672. 173 pp.
5. FAO. 2005. Topics Fact Sheets. Fishing capacity. Text by Rebecca Metzner. In FAO Fisheries and Aquaculture Department [online]. FAO, Rome, Updated 27 May 2005 [cited 30 January 2009]. http://www.fao.org/fishery/topic/2898/en.
6. Fisheries Agency. 2005. Trends in fisheries, fisheries measures for FY 2006. Outline Report by Trend Analysis Section, Policy Planning Division, Fisheries Policy Planning Department, Fisheries Agency, Ministry of Agriculture, Forestry and Fisheries, Japan. 51 pp.
7. Greenberg, J., Herrmann, M., Geier, H., and Hamel, C. 2001. Wild salmon risk management in Bristol Bay. Draft Final Report to the Risk Management Agency of the US Department of Agriculture. 326 pp.
8. Hermann, M., Greenberg, J., Hamel, C., and Geier, H. 2004. Extending federal crop insurance programs to commercial fisheries: the case of Bristol Bay, Alaska, sockeye salmon. North American Journal of Fisheries Management, 24: 352-366.
9. Hotta, M. 1999. Fisheries insurance programmes in Asia: experiences, practices and principles. FAO Fisheries Circular, 948. 54 pp.
10. House of Lords. 2008. The Progress of the Common Fisheries Policy. 21st Report of Session 2007-08, House of Lords European Union Committee, 1. The Stationery Office Limited, London. 81 pp.
11. Kell, L. T., Mosqueira, I., Grosjean, P., Fromentin, J-M., Garcia, D., Hillary, R., Jardim, E., et al. 2007. FLR: an open-source framework for the evaluation and development of management strategies. ICES Journal of Marine Science, 64: 640-646.
12. Kell, L. T., Pastoors, M. A., Scott, R. D., Smith, M., Van Beek, F., O'Brien, C. M., and Pilling, G. M. 2005. Evaluation of multiple management objectives for Northeast Atlantic flatfish stocks: sus-tainability vs. stability of yield. ICES Journal of Marine Science, 62: 1104-1117.
13. Ludwig, D. 2002. A quantitative precautionary approach. Bulletin of Marine Science, 70: 485-497.
14. Matsuda, H., and Katsukawa, T. 2002. Fisheries management based on ecosystem dynamics and feedback control. Fisheries Oceanography, 11: 366-370.
15. Mumford, J. D., Leach, A. W., Levontin, P., and Kell, L. T. 2008. The potential for insurance to mediate economic risks in marine fisheries. In Proceedings of the 14th Biennial Conference of the International Institute of Fisheries Economics and Trade, 22-25 July 2008, Nha Trang, Vietnam. Achieving a Sustainable Future: Managing Aquaculture, Fishing, Trade and Development. Ed. by A. L. Shriver. International Institute of Fisheries Economics and Trade, Corvallis, OR, USA. ISBN 0-9763432-5-8
16. Nagasaki, F., and Chikuni, S. 1989. Management of multispecies resources and multi-gear fisheries. FAO Fisheries Technical Paper, T305. 68 pp.
17. Waage, J. K., Mumford, J. D., Leach, A. W., Knight, J. D., and Quinlan, M. M. 2007. Responsibility and cost sharing options for quarantine plant health. Report to the Department for Environment, Food and Rural Affairs, London. Centre for Environmental Policy, Imperial College London, Ascot, UK. 126 pp. http://www.defra.gov.uk /planth/costsharing/costsharing.pdf.