Open Access Honors Program Thesis
Property rights affect how people use resources. Enforcement regimes are able to set clear laws with well-defined property rights. Governments set laws for conservation and economic success. Ocean resources suffer from overuse. Industry and the environment both benefit from regulations that promote ocean conservation. This paper will analyze how the current state of ocean property rights leads to the depletion of ocean resources. Though there are many possible solutions to overfishing, I will analyze two potential solutions to overexploitation in the commercial fishing industry: marine protected areas (MP As) and individual transferable quotas (ITQs ). A synthesis of previous research will help to determine which strategies work the best in certain situations.
Year of Submission
Department of Economics
University Honors Designation
A thesis submitted in partial fulfillment of the requirements for the designation University Honors
1 PDF file (22 pages)
©2012 Nathan David Miller
Miller, Nathan David, "The Effects of Property Rights on Ocean Resources: Two Possible Solutions to the Tragedy of the Commons" (2012). Honors Program Theses. 885.