Efficiency Advantages of Grandfathering in Rights-Based Fisheries Management

Efficiency Advantages of Grandfathering in Rights-Based Fisheries Management
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基于权利的渔业管理中祖父法的效率优势

DOI:
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发表时间:
2010
期刊:
影响因子:
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通讯作者:
T. Anderson
T. Anderson
中科院分区:
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文献类型:
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作者:
G. Libecap;R. Arnason;T. Anderson

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我们表明,将捕鱼权授予当地用户或承认第一所有权比拍卖此类权利的动态效率更高。人们经常争辩说,拍卖将权利分配给价值最高的用户,从而最大化资源租金。我们反驳说,租金不是原地固定的,而是另外取决于渔民的创新、投资和集体行动,他们发现并增加种群,并将其转化为有价值的商品和服务。我们的分析表明,祖父如何通过提高预期投资回报率、降低资本成本和提供集体行动的激励来提高租金。
We show that grandfathering fishing rights to local users or recognizing first possessions is more dynamically efficient than auctions of such rights. It is often argued that auctions allocate rights to the highest-valued users and thereby maximize resource rents. We counter that rents are not fixed in situ but rather depend additionally upon the innovation, investment, and collective actions of fishers, who discover and enhance stocks and convert them into valuable goods and services. Our analysis shows how grandfathering increases rents by raising expected rates of return for investment, lowering the cost of capital, and providing incentives for collective action.