According to the research it is believe that people having rights on owning fisheries may shore up stocks. But this idea goes against the grain among people who believe that anyone with grit and skill should be able to get in a boat, put to sea and make a living fishing. It is told that such approach, even with licensing requirements and other restrictions, has produced fishing efforts so intense that by some estimates, the world’s commercial stocks will collapse in a few decades.
The researchers found that allocating ownership shares of a particular fishery to individuals, cooperatives, communities or other entities gives them a reason to nurture the stock. But in this arrangement, scientists set acceptable catch levels, and other authorities allocate shares, species by species, region by region. Christopher Costello, an economist at the University of California, Santa Barbara, and the lead author of the report, informed that this idea would result in very positive way. It is reported that in Alaska, a catch-share system adopted in 1995 has transformed an intense race to catch the last allowable fish into a sustainable and profitable fishery.
On the contrary other researchers have a view that the new study was likely to be influential as officials who manage fisheries around the world considered how to stave off disastrous declines. Ray Hilborn, a fisheries expert at the University of Washington, praised the new work but said that there is nothing surprising in it. He added that many people have been arguing that various forms of catch shares or dedicated access is essential.
According to the researchers they drew on the work of scientists at Dalhousie University, in Nova Scotia, who have reported that most of the world’s most important fishing stocks are in precipitous decline. The report states that it would be premature to draw a straight line between rights-based management and restored stocks.
