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Updated: Aug 19, 2026

Optical Trawl Surveys of Groundfish: A Video Trawl Survey of Western Gulf of Maine Atlantic Cod (Gadus morhua)
Published on: March 20, 2026
Institutions, incentives and the future of fisheries
Ray Hilborn1, J M Lobo Orensanz, Ana M Parma
1School of Aquatic and Fishery Sciences, University of Washington, Box 355020, Seattle, WA 98195, USA. rayh@u.washington.edu
Abstract:
Fisheries around the world are managed with a broad range of institutional structures. Some of these have been quite disastrous, whereas others have proven both biologically and economically successful. Unsuccessful systems have generally involved either open access, attempts at top-down control with poor ability to monitor and implement regulations, or reliance on consensus. Successful systems range from local cooperatives to strong governmental control, to various forms of property rights, but usually involve institutional systems that provide incentives to individual operators that lead to behaviour consistent with conservation.
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